1510 Drake Avenue, Chicago, IL 60623

Welcome to this property located in Chicago, IL. featuring 11 bedrooms, 3 bathrooms. Built in 1907. this home is offered at $640,000.

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

Climate control includes natural gas heating. A finished, full basement provides additional space.

The property sits on a 25 x 125 lot. with 3 parking spaces (yes).

Utilities include lake michigan water and public sewer sewer.

Located in Cook County.

Annual property taxes are $5,243 (as of 2024).