For Sale
Multi family home for sale at 1510 S Drake Ave, Chicago, IL 60623 | MLS# 12769469 | Listing updated on 2026-10-29
Photo 1 of Multi family home for sale at 1510 S Drake Ave, Chicago, IL 60623 | MLS# 12769469 | Listing updated on 2026-10-29
Photo 2 of Multi family home for sale at 1510 S Drake Ave, Chicago, IL 60623 | MLS# 12769469 | Listing updated on 2026-10-29
Photo 3 of Multi family home for sale at 1510 S Drake Ave, Chicago, IL 60623 | MLS# 12769469 | Listing updated on 2026-10-29
Photo 4 of Multi family home for sale at 1510 S Drake Ave, Chicago, IL 60623 | MLS# 12769469 | Listing updated on 2026-10-29
8+
Beds Icon

Street View

$569,900

Monthly Est:$2,837

  • Beds Icon11 Beds
  • Beds Icon
    3 Baths
  • Beds Icon--sqft

1510 S Drake Ave, Chicago, IL 60623

$2,837/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1907

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

Own Your Home While Building Your Investment Stop renting and start building equity with this exceptional 3-unit property on S. Drake Ave in Chicago. Offering a total of 11 bedrooms and 3 full bathrooms, this spacious multifamily property presents a unique opportunity for homeowners and investors alike. Live in one unit while renting out the remaining units to help offset your monthly housing expenses. This owner-occupant strategy can make homeownership more attainable while providing the potential to generate rental income and build long-term equity. Each unit offers generous living space, providing flexibility for families, guests, home offices, or additional living arrangements. Whether you're a first-time homebuyer, an FHA buyer, or an investor seeking a multifamily property, this versatile building offers multiple possibilities. Conveniently located on S. Drake Ave, the property provides access to public transportation, schools, parks, shopping, dining, and everyday amenities, making it a practical choice for both homeowners and tenants. Why continue paying rent when you can own a property that works for you? Take advantage of the opportunity to combine homeownership, rental income potential, and long-term wealth building in one property. Live in one. Rent the others. Build equity. Own your future.

  • Houzeo last checked: 10 minutes ago
  • Listing updated: October 29, 2026 at 5:06 am
  • Listing Provided by: Aaron Vanderbilt | Baird & Warner, Inc. (708) 697-5900
  • Source: MRED MLS-IL as distributed by MLS GRID | MLS#: 12769469 MRED MLS-IL as distributed by MLS GRID

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    North Lawndale

  • Year Built

    1907

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12769469

  • MLS Status

    Active

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 11

    Bathrooms: 3

Interior

  • Sewer

    Public Sewer

  • Heating

    Gas

Construction

  • Year Built

    Year Built: 1907

  • Home type

    Multi Family

  • Construction Materials

    Brick

Utilities & Energy

  • Basement

    Finished, Full

  • Water Source

    Lake Michigan

  • Parking Features

    Yes, Owned

Price History

DateEventPrice

10/23/2026

Source: mls_logoMRED MLS-IL #MRD12769469

Listed for Sale

$569,900 -0.89%

$0/sqft

09/04/2026

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD12674280

Listing Removed

$575,000

$0/sqft

08/06/2026

Source: mls_logoMRED MLS-IL #MRD12674280

Listed for Sale

$575,000 -2.53%

$0/sqft

04/11/2026

Source: mls_logoMRED MLS-IL as distributed by MLS GRID #MRD12554517

Listing Removed

$589,900

$0/sqft

04/02/2026

Source: mls_logoMRED MLS-IL #MRD12554517

Price Decreased

$589,900 -4.67%

$0/sqft

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North Lawndale Ranks #63 in Chicago, IL

Homes for sale
94

Homes

Rental prices
$1,034

Rental Prices

Median Home Price
$460K

Median Home Price

North Lawndale, Chicago, IL neighborhood guide

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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 30, 2026, 06:30PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 30, 2026, 06:30PM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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