1510 S Drake Avenue, Chicago, IL

$589,900

Overview

  • 118595
  • Property ID
  • Updated On:
  • April 2, 2026
  • 11
  • Bedrooms
  • 3
  • Bathrooms

Description

Stop renting and start owning – while tenants help alleviate your mortgage. This solid 3-unit property offers a rare opportunity to become a homeowner and investor at the same time. Featuring a total of 11 bedrooms and 3 full bathrooms, the spacious layouts provide comfort, privacy, and flexibility for today’s lifestyle. Live in one unit and rent out the others to significantly reduce your monthly housing cost, making homeownership more achievable than ever. Whether you need space for family, guests, or a home office, this property allows you to create a home while building long-term wealth. Located on S Drake Ave in Chicago, you’ll enjoy convenient access to public transportation, schools, parks, and everyday amenities. This is an ideal opportunity for first-time buyers, FHA buyers, or anyone ready to trade rent payments for equity. Why rent to someone else’s when you can own a property that works for you? Build equity, generate income, and secure your future – all in one move

Bedrooms
3
5+
Climate Control
Heating
Garden
Yes
Other Features
Brick
Lake Michigan
Natural Gas
Public Sewer

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$3,024.53
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,287.16

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Information for the property at 1510 S Drake Avenue, Chicago, IL, 60623 (Property ID: 118595) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi