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$479,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 9 Total Beds
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Beautifully updated brick 2-flat with a finished non-conforming garden unit located in the heart of Chicago's North Lawndale neighborhood. Recent renovations include updated electrical and plumbing, newer HVAC, in-unit washer/dryer hookups, and refreshed interiors throughout. Each apartment features spacious layouts, modern kitchens with granite countertops, and upgraded bathrooms. Unit Mix: Unit 1: 3 bedrooms / 1 bathroom Unit 2: 4 bedrooms / 1 bathroom Garden Apartment (non-conforming): 2 bedrooms / 1 bathroom All units are currently occupied on month-to-month leases, providing immediate income with the flexibility to adjust rents to market levels. Market comps suggest 3- and 4-bedroom units in the area rent between $1,700-$1,900/month, while the garden apartment is conservatively valued at $1,300/month. Perfect for investors seeking strong cash flow, rental upside, and a fully modernized property in one of Chicago's most actively revitalizing communities.

Full Property Details for 1839 S Drake Ave

General

  • Price: $479,900
  • Taxes: $5,293 (2023)
  • Status: Pending
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12457520
  • Updated: 12/10/2025
  • Added to Site: 145 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 9

Parking

  • Total Spaces: 2
  • Parking Features: Yes

Location

  • Area: CHI - North Lawndale
  • County: Cook
  • Township: West Chicago
  • Driving Directions: From Roosevelt Rd, head south on Kedzie Ave, then west on 15th St to Drake Ave, property located just north of 19th St.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Year Built: 1903
  • Built Before 1978: Yes
  • Remodeled/Updated: 2024

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: .50 to .99 Acre
  • Lot Dimensions: 3125
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1903
  • Tax Amount: $5,293
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 16234080140000

Listed by A Progeny Global LLC

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— 1839 S Drake Ave —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1839 S Drake Ave

School District:Chicago Public School District 299
NameGradesDistance
Crown Elementary Community Acd Fine Arts Center
2128 South Saint Louis Avenue, Chicago, IL 60623
PK-80.2 mi
Farragut Career Academy High School
2345 South Christiana Avenue, Chicago, IL 60623
9-110.5 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 1839 S Drake Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/20/2025
Price Reduced
$479,900
-2.04%
MLS
9/23/2025
Price Reduced
$489,900
-2%
MLS
9/18/2025
Price Reduced
$499,900
-0.02%
MLS
8/28/2025
Listed
$500,000
1349.28%
MLS
5/24/2012
Sold
$34,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1839 S Drake Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,293
19%
$24,999
—
2022
$4,454
2%
$24,999
—
2021
$4,372
88%
$24,999
85%
2020
$2,331
-3%
$13,531
-13%
2018
$2,401
-2%
$15,553
—
2019
$2,444
—
$15,553
6%
2017
$2,446
—
$14,699
—
2016
$2,444
10%
$14,699
—
2015
$2,213
-9%
$14,699
-6%
2014
$2,439
3%
$15,712
—
2013
$2,379
—
$15,712
—
2012
$2,372
—
$15,712
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1839 S Drake Avenue, Chicago, IL 60623 (MLS# 12457520) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 1839 S Drake Avenue is currently listed for $479,900 and was received on August 28, 2025. Want to learn more about 1839 S Drake Avenue? Do you have questions about finding other Multi-Family 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.

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