1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
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1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
1546 S Drake Avenue
Sold

1546 S Drake Avenue

1546 S Drake Avenue, Chicago, IL 60623

$315,000
Welcome to 1546 Drake Ave, a fantastic turnkey investment opportunity in the heart of North Lawndale. This legal 3-unit multi-family Greystone has undergone recent updates, ensuring a hassle-free experience for both investors and tenants. The top floor unit offers a spacious layout, featuring three large bedrooms/ 1 bathroom, living/dining room, and eat-in kitchen that leads out to a spacious back deck. The first floor unit also has three bedrooms/ 1 bathroom with a separate living/dining room combination and kitchen complete with an island. Both Units 1 and 2 boast hardwood/vinyl floors, tall ceilings, and have been well maintained. The garden apartment provides a spacious layout with 2 nice sized bedrooms and 1 bathroom. All kitchens have been recently updated with new backsplash and cabinets, equipped with central heat, and tenants are responsible for their own utilities. Additional features include a large fenced in yard with and exterior parking pad and coin laundry in the basement, providing added convenience and income potential. Nearby Douglass Park, Cinespace Studios, Farm on Ogden, with easy access to 290 and Pink and Blue Line EL Stations this property enjoys a prime location with easy access to a range of amenities.

8
beds

3
baths

3,049.2 Sq.Ft. lot

Joe Kotoch

Joe Kotoch

Features & Amenities

Interior

  • total bedrooms8
  • Total bathrooms3

Area & Lot

  • Status Sold
  • Lot Area3,049.2 Sq.Ft.
  • MLS® ID11840612
  • TypeMulti-Family
  • YEAR BUILT1903
  • Architecture StylesGreystone
  • Elementary SchoolDvorak Elementary School Special
  • Middle SchoolDvorak Elementary School Special
  • High SchoolFarragut Career Academy Senior H
  • School District299

Exterior

  • water SourceLake Michigan, Public
  • parkingAlley Access
  • HEAT TYPENatural Gas, Forced Air
  • sewerPublic Sewer
  • other exterior FeaturesDeck

Financial

  • Sales Price$315,000
  • Real Estate Tax $1,664/yr
  • Zoning MULTI

Work With Us

Joe Kotoch Group offers our clients advice throughout the process saving time money. Our team takes the time to learn about our clients’ lifestyles understand their goals order to find them the best properties neighborhood fits.

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