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1510 S Drake Avenue Chicago, IL 60623

$629,900
Active / MLS# 12554517 / Multi Unit - Multiple / Chicago
11 Beds
3 Baths

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

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Baird & Warner Bob Richter, Realtor Agent Cell: 630.788.3495 Email

Mortgage Calculator

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Estimated Payment

$ 2,020.42 per month $1,399.78 Principal & Interest $436.92 Property Tax $183.72 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Natural Gas
Lot Size: 25 x 125
Taxes: $5,243
Year Built: 1907

Feature Descriptions

Exterior: Brick
Lot Dimensions: 25 x 125
Parcel#: 16232220220000
Parking: Yes
Sewer: Public Sewer
Total Rooms: 21
Township: West Chicago
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Second City Real Estate

Listing Office Phone: 312-392-1650



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