2435 S Drake Avenue, Chicago, IL

$499,000

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8

Beds

0.08

Acres

About 2435 S Drake Avenue

Excellent opportunity to own a legal 3-unit building in Chicago's dynamic Little Village neighborhood! This spacious multifamily property offers a total of 8 bedrooms and 3 bathrooms, featuring two 3-bedroom, 1-bathroom apartments and a 2-bedroom, 1-bathroom garden unit. All three apartments feature updated kitchens and bathrooms with modern finishes, including contemporary cabinetry, stainless steel appliances, attractive countertops, and subway tile backsplashes. The interiors blend classic Chicago charm with modern conveniences, showcasing beautiful hardwood floors, original wood trim, large windows, recessed lighting, and generously sized living spaces. Additional highlights include abundant natural light, spacious bedrooms, and a fenced backyard. Conveniently located near shopping, restaurants, public transportation, and major roadways. With three legal units, desirable bedroom configurations, and extensive updates already completed, this property is an excellent opportunity for investors seeking rental income or owner-occupants looking to live in one unit while generating income from the others.

Features of 2435 S Drake Avenue

MLS® # 12781833
Price $499,000
Bedrooms 8
Bathrooms 0.00
Acres 0.08
Year Built 1902
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 2435 S Drake Avenue
Area CHI - South Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Parking Spaces 3
Parking Yes, Garage Owned, Detached, Garage
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Heating Steam, Space Heater
Fireplace No
Has Basement Yes
Basement Finished, Full, Walk-Out Access

Exterior

Exterior Brick

School Information

District 299

Additional Information

Days on Market 1
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeForte Properties, Inc.

Listing Map

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