ClosedPrice Reduced

$300,000

$319,000
1840 Drake Avenue, Chicago, IL 60623
8 Beds2 Baths29 days
1840 Drake Avenue·Chicago, IL 60623
8Bedrooms
2Bathrooms
1910Year Built
About This Home

Beautiful 2-unit Greystone in a up and coming part of North Lawndale. Close to everything, Central Park pink line el stop, Farms on Ogden, Carole Robertson Center-Learning, Legacy Charter School, CPD, and more. First floor unit was rehabbed in 2021 and is occupied by a Section 8, MTM tenant who does a remarkable job maintaining the unit. Unit 2 rehab was just completed and ready to rent (est $1400) Sold AS-IS, made repairs while previously under contract but didn't close because tenant couldn't be moved in time. Seller is a realtor.

MLS# 11614931Listed August 26, 2022Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms2
Total Rooms17

Size & Structure

Garage Spaces2
Year Built1910
Lot Size25 X 125

Location

CountyCook
TownshipWest Chicago
Zip Code60623

Financial

List Price$300,000
Original Price$319,000
Annual Taxes (2020)$2,895
Monthly Tax Est.$241
Parcel #16234000830000
Interior Features

Heating

Forced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

Stone

Roof

Flat
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$2,895
Tax Year 2020
Monthly Tax Est.
$241
per month
Price Reduced by $19,000
Original list price: $319,000
Property Location

1840 Drake Avenue, Chicago, IL 60623Cook County

$300,000
1840 Drake Avenue
8 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
29 days on market
2-car garage
25 X 125
$2,895/yr taxes
Price reduced $19,000
$1,818
estimated monthly payment
Principal & Interest
$1,577/mo
Property Tax
$241/mo
$300,000
20% — $60,000
3%50%
6.875%
3%12%
Loan Amount
$240,000
Down Payment
$60,000

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

Listed by
Pearson Realty Group
Agent: George Hancock
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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