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  • $500,000

    1510 S Drake Ave, Chicago, IL 60623

    11beds
    --sqft
    Multi Family
    Built in 1904
    -- sqft lot
    $582,400 Zestimate®
    $--/sqft
    $1,554 Estimated rent

    Home value

    $582,400

    $553,000 - $612,000

    $1,554/mo

    Zestimate® history
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    $1,554/mo

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    $3,526/mo

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    $3,526/mo

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    What's special

    Welcome to your next investment opportunity in North Lawndale! This historic greystone has undergone a complete renovation, offering a blend of classic charm and modern comfort. Each of the three units boasts generous living space, with two units featuring 4 bedrooms and 1 bath with a whirpool tub, while the garden unit offers 3 bedrooms and 1 bathroom with a shower/tub combo. You'll find a mix of hardwood floors and plush new carpeting in select bedrooms, creating a cozy atmosphere throughout. The spacious kitchens come complete with an abundance of cabinets and soon-to-be-installed stainless steel appliances, adding both style and functionality. Outside, enjoy the convenience of 3 exterior parking spots and unwind on the small decks attached to the rear of the first and second floors. Whether you're an investor seeking a new property for your portfolio or a house hacker looking for a place to call home, this property is move-in ready and brimming with potential.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Joseph Kotoch 773-482-1917,

    Compass,

    Audrey Jones 773-957-3046,

    Compass

    Bought with:

    Melchor Domantay

    Second City Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 11982070MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 3
    • Parking features: Off Alley, Alley Access, On Site, Owned
    Features
    • Patio & porch: Deck
    Lot
    • Size: 3,125 sqft
    • Dimensions: 25 X 125
    Details
    • Parcel number: 16232220220000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone
    Condition
    • New construction: No
    • Year built: 1904
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: VA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/11/2026Listing removed$589,900
    Source: MRED as distributed by MLS GRID #12554517 Report a problem
    4/2/2026Price change$589,900-4.7%
    Source: MRED as distributed by MLS GRID #12554517 Report a problem
    3/10/2026Price change$618,800-1.8%
    Source: MRED as distributed by MLS GRID #12554517 Report a problem
    2/28/2026Price change$629,900-1.6%
    Source: MRED as distributed by MLS GRID #12554517 Report a problem
    2/11/2026Listed for sale$640,000+28%
    Source: MRED as distributed by MLS GRID #12554517 Report a problem
    8/28/2024Sold$500,000
    Source: Public Record Report a problem
    4/29/2024Sold$500,000
    Source: MRED as distributed by MLS GRID #11982070 Report a problem
    3/20/2024Contingent$500,000
    Source: MRED as distributed by MLS GRID #11982070 Report a problem
    2/26/2024Listed for sale$500,000+284.6%
    Source: MRED as distributed by MLS GRID #11982070 Report a problem
    12/22/2017Sold$130,000-69.4%
    Source: Public Record Report a problem
    10/4/2006Sold$425,000+86.4%
    Source: Public Record Report a problem
    5/19/2005Sold$228,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $26,000 +188.9%
    2023$1,906 +2.6%$9,001
    2022$1,858 +2.3%$9,001
    2021$1,816 -32.7%$9,001 -25.4%
    2020$2,697 -3.5%$12,066 -13%
    2019$2,796 +1.7%$13,870
    2018$2,749 -22.4%$13,870 -29.9%
    2017$3,543 +2.4%$19,777
    2016$3,461 +10.1%$19,777
    2015$3,143 +2.5%$19,777 +3.6%
    2014$3,065 +2.4%$19,090
    2013$2,994 +0.5%$19,090
    2012$2,978 -15%$19,090 -25.6%
    2011$3,502 +3.5%$25,648
    2010$3,385 +10.1%$25,648
    2009$3,074 +23.4%$25,648 +6.5%
    2008$2,491 +17.4%$24,076
    2007$2,121 +27%$24,076
    2006$1,670 -19%$24,076 +90.8%
    2005$2,062 +92.4%$12,620
    2004$1,072 +4.5%$12,620
    2003$1,026 -5.4%$12,620 +60.5%
    2002$1,085 +7.3%$7,862
    2001$1,011 +21.6%$7,862
    2000$831 +0.8%$7,862 +24.3%
    1999$824 $6,327

    Find assessor info on the county website

    Neighborhood: Lawndale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $582,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $582,400