- Status Sold
- Sale Price $315,000
- Bed 8
- Bath 3
- Location North Lawndale
Welcome to 1546 Drake Ave, a fantastic turnkey investment opportunity in the heart of North Lawndale. This legal 3-unit multi-family Greystone has undergone recent updates, ensuring a hassle-free experience for both investors and tenants. The top floor unit offers a spacious layout, featuring three large bedrooms/ 1 bathroom, living/dining room, and eat-in kitchen that leads out to a spacious back deck. The first floor unit also has three bedrooms/ 1 bathroom with a separate living/dining room combination and kitchen complete with an island. Both Units 1 and 2 boast hardwood/vinyl floors, tall ceilings, and have been well maintained. The garden apartment provides a spacious layout with 2 nice sized bedrooms and 1 bathroom. All kitchens have been recently updated with new backsplash and cabinets, equipped with central heat, and tenants are responsible for their own utilities. Additional features include a large fenced in yard with and exterior parking pad and coin laundry in the basement, providing added convenience and income potential. Nearby Douglass Park, Cinespace Studios, Farm on Ogden, with easy access to 290 and Pink and Blue Line EL Stations this property enjoys a prime location with easy access to a range of amenities.
General Info
- Property Type Two to Four Units
- List Price $329,000
- Sale Price $315,000
- Taxes $1,664
- Assessments Not provided
- Assessments Include Not provided
- Market Time 41 days
- Year Built 1903
- Square Feet Not provided
- Listed by Joseph Kotoch Compass
- Source MRED as distributed by MLS GRID
Rooms
- Total Rooms 15
- Bedrooms 8
- Bathrooms 3
Units
- Unit 1
- Rooms 4
- Beds 2
- Baths 1
- Appliances Stove, Refrigerator
- Rent $900/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires VAC
- Unit 2
- Rooms 5
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,275/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires VAC
- Unit 3
- Rooms 6
- Beds 3
- Baths 1
- Appliances Stove, Refrigerator
- Rent $1,250/mo
- Tenant Pays Electric,Gas,Heat
- Lease Expires 8/23
Features
- Heat Natural Gas, Forced Air
- Air Conditioning Not provided
- Amenities Curbs, Sidewalks, Street Lights, Street Paved
- Parking Space/s
- Age 100+ Years
- Style Greystone
- Exterior Brick,Stone
Based on information submitted to the MLS GRID as of 7/22/2026 7:32 PM. 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.
