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$17,000
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Property Description
Discover an incredible opportunity in the heart of North Lawndale! This RT-4 zoned land lot offers the perfect canvas for your next residential or multi-unit development. Ideally situated just off a major street, the property provides excellent visibility and accessibility while maintaining a sense of neighborhood charm. A rear alley offers convenient access for parking or future garage construction. Whether you're an experienced developer, a first-time builder, or someone with a vision for creating something special, this parcel is ready for your ideas. Conveniently located near public transportation, parks, and schools-and just minutes from downtown Chicago-this location perfectly combines convenience and opportunity.
Full Property Details
Full Property Details for 1606 S Drake Ave
General
- Sold For: $17,000
- Taxes: $903 (2023)
- Status: Closed
- Type: Lots/Land
- Source: MRED
- MLS ID: 12505730
- Added to Site: 112 day(s) ago
Location
- Area: CHI - North Lawndale
- County: Cook
- Driving Directions: Turn left on 16th ST
School Information
- School District: 299
- Midd School District: 299
Utilities
- Onsite: Unknown (verify)
Lot Features
- Lot Size (Sq. Ft.): 3,250
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125 x 25
- Frontage: City Street
- Frontage Feet: 25
- Street/Road Desc.: None
Financial Considerations
- Tax Amount: $903.34
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16234000480000
Listed by EXIT Strategy Realty
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Schools
Schools serving 1606 S Drake Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Dvorak Technology Acad Elementary School 3615 West 16th Street, Chicago, IL 60623 | K-8 | 0.1 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1606 S Drake Ave
Date
Details
Price
Change
Source
1/27/2026
Sold
$17,000
-5.56%
MLS
10/29/2025
Listed
$18,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1606 S Drake Avenue, Chicago, IL 60623 (MLS# 12505730) is a Lots/Land property that was sold at $17,000 on January 27, 2026. Want to learn more about 1606 S Drake Avenue? Do you have questions about finding other Lots/Land real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.


