Active Under Contract

$459,000

1542 Drake Avenue, Chicago, IL 60623
8 Beds3 Baths8 days
1542 Drake Avenue·Chicago, IL 60623
8Bedrooms
3Bathrooms
1903Year Built
About This Home

Great opportunity to own a 3-unit property with investment or owner-occupant potential. The property offers flexibility for investors or buyers looking to live in one unit while generating rental income from the additional units. Located in a neighborhood with continued growth and potential. Sold As-Is where is.

MLS# 12745760Listed September 10, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms15

Size & Structure

Garage Spaces2
Year Built1903
Lot Size25x125

Location

CountyCook
TownshipNorth Chicago
Zip Code60623

Financial

List Price$459,000
Annual Taxes (2022)$3,270
Monthly Tax Est.$273
Parcel #16232220330000
Interior Features

Heating

Natural Gas

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$3,270
Tax Year 2022
Monthly Tax Est.
$273
per month
Property Location

1542 Drake Avenue, Chicago, IL 60623 — Cook County

$459,000
1542 Drake Avenue
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
8 days on market
2-car garage
25x125
$3,270/yr taxes
$2,685
estimated monthly payment
Principal & Interest
$2,412/mo
Property Tax
$273/mo
$459,000
20% — $91,800
3%50%
6.875%
3%12%
Loan Amount
$367,200
Down Payment
$91,800

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

Listed by
Baird & Warner
Agent: Brandice Hampton
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