1542 S Drake Avenue, Chicago IL 60623
Property Description
Great opportunity to own a 3-unit property with investment or owner-occupant potential. The property offers flexibility for investors or buyers looking to live in one unit while generating rental income from the additional units. Located in a neighborhood with continued growth and potential. Sold As-Is where is.
Features & Information
Key Details
- List Price $459,000
- Property Taxes $3,270
- Year Built 1903
- Status Contingent
- List Market Time 8
Units
-
Unit 1
- Floor 1
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator, Microwave, Oven/Built-in
- Rent $0/mo
- Tenant Pays Other
- Lease Expires VAC
-
Unit 2
- Floor 2
- Rooms 6
- Beds 4
- Baths 1
- Appliances Stove, Refrigerator, Microwave, Oven/Built-in
- Rent $0/mo
- Tenant Pays Other
- Lease Expires VAC
-
Unit 3
- Floor 0
- Rooms 3
- Beds 1
- Baths 1
- Appliances Stove, Oven/Built-in
- Rent $0/mo
- Tenant Pays Other
- Lease Expires VAC
Exterior Features
-
Parking
- # of Cars: 2
Building Information
- Number of Units 3
- Age of Building 100+ Years
Location
- County Cook
- Township North Chicago
- Corporate Limits Chicago
- Directions to Property S Drake Ave Between W 15th St And W 16th St
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 3269.59
- Tax Year 2022
- Parcel Identification Number 16232220330000
Based on information submitted to the MLS GRID as of 10/13/2026 1:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.