Closed

$255,000

1540 DRAKE Avenue, Chicago, IL 60623
6 Beds2 Baths8 days
1540 DRAKE Avenue·Chicago, IL 60623
6Bedrooms
2Bathrooms
1903Year Built
About This Home

Great Investment opportunity for a Greystone in up-and-coming North Lawndale Community. Separate forced air heating. Separate water heating. Finished basement with additional living space Needs some updating, Property was rehabbed in 2012. Sold AS-IS. Buyer will be responsible for evicting tenants. Second floor is vacant. Must see to appreciate.

MLS# 12454319Listed October 3, 2025Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms2
Total Rooms12

Size & Structure

Year Built1903
Lot Size30X125

Location

CountyCook
TownshipWest Chicago
Zip Code60623

Financial

List Price$255,000
Annual Taxes (2023)$2,897
Monthly Tax Est.$241
Parcel #16232220320000
Interior Features

Heating

Natural GasForced AirSep Heating Systems - 2+Indv Controls

Basement

FinishedFullWalk-Out Access
Exterior & Lot

Construction

BrickStone

Roof

Rubber

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Off AlleyYesOwned
Tax & Financial
Annual Taxes
$2,897
Tax Year 2023
Monthly Tax Est.
$241
per month
Property Location

1540 DRAKE Avenue, Chicago, IL 60623 — Cook County

$255,000
1540 DRAKE Avenue
6 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
30X125
$2,897/yr taxes
$1,582
estimated monthly payment
Principal & Interest
$1,340/mo
Property Tax
$241/mo
$255,000
20% — $51,000
3%50%
6.875%
3%12%
Loan Amount
$204,000
Down Payment
$51,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Berkshire Hathaway HomeServices Starck Real Estate
Agent: Clyde McMullen
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

All Chicago ListingsSearch All MLS Listings

Also popular on the North Shore

GlenviewNorthbrookWilmetteWinnetkaEvanstonHighland Park
REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.