2435 S Drake Ave

Chicago, IL 60623
  • $499,000

    Price
  • 8

    Bed
  • 3

    Bath
  • 0.08

    Acre

About the Listing 28588 - 246383

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.

Listing Highlights for 2435 S Drake Ave

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® 12781833
Year Built 1902
Lot/Acreage 0.08
County Cook
School District 299

Interior Details

  • Bedrooms: 8
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Steam,Space Heater
  • Fireplaces:
  • Floor:
  • Basement: Finished,Full,Walk-Out Access
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 3 car
  • Parking Spaces: 3
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $5,627
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16262170420000
  • Tax Year: 2025

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Listing Location

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2435 S Drake Ave Chicago, IL 60623

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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