Skip main navigation
Closed
  • $513,000

    545 N Drake Ave, Chicago, IL 60624

    10beds
    --sqft
    Multi Family
    Built in 1890
    -- sqft lot
    $528,800 Zestimate®
    $--/sqft
    $1,973 Estimated rent

    Home value

    $528,800

    $476,000 - $587,000

    $1,973/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,973/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,973/mo

    Rent Zestimate®

    Refinance and save

    $3,609/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,609/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Renovated garden
    Turnkey 3-unit in Humboldt Park perfect for house-hacking or a savvy investor: the renovated garden 3BD/1BA rents for $1,700/mo via CHA, the 1st-floor 4BD/2BA (excellent condition) is a long-term CHA tenant at $2,281/mo, and the refreshed top-floor "penthouse" with a balcony is vacant and ready for an owner-occupant-let your tenants' $3,981/mo total income help offset your payment. At the current tax basis, well-qualified buyers may see PITI just under $4,000/mo (buyer to verify), making this building nearly pay for itself. Private on-site parking offers added revenue potential, and the coin- & card-operated laundry creates steady ancillary income. All this in a thriving location steps from the namesake 219-acre park and lagoon, close to the 606 Trail, California/Armitage dining, Division Street's cultural corridor, cafes, nightlife, and transit-surrounded by new construction and quality rehabs. A rare opportunity to live on the top floor, build equity, and enjoy one of Chicago's most exciting neighborhoods!

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Michael Applegate 708-743-0043,

    Straight-A Realty, LLC,

    Brittany Jones 708-574-1218,

    Straight-A Realty, LLC

    Bought with:

    Russell Burton

    Compass

    Source: MRED as distributed by MLS GRID,MLS#: 12475423MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Finished,Exterior Entry,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Alley, Yes, Owned
    Lot
    • Size: 3,049 sqft
    • Dimensions: 25 X 125
    Details
    • Parcel number: 16112170020000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1890
    • Major remodel year: 2025

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Chicago

    Other

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

    Price history

    DateEventPrice
    12/5/2025Sold$513,000-10.8%
    Source: MRED as distributed by MLS GRID #12475423 Report a problem
    12/4/2025Pending sale$575,000
    Source: MRED as distributed by MLS GRID #12475423 Report a problem
    10/24/2025Contingent$575,000
    Source: MRED as distributed by MLS GRID #12475423 Report a problem
    9/18/2025Listed for sale$575,000+45.6%
    Source: MRED as distributed by MLS GRID #12475423 Report a problem
    4/8/2021Sold$395,000+139.4%
    Source: Public Record Report a problem
    11/14/2017Listing removed$1,500
    Source: Go Section8 Report a problem
    11/10/2017Listed for rent$1,500
    Source: Go Section8 Report a problem
    2/15/2016Listing removed$165,000
    Source: RE/MAX Edge #09082115 Report a problem
    11/9/2015Price change$165,000-2.4%
    Source: RE/MAX Edge #09082115 Report a problem
    5/12/2015Listed for sale$169,000-11.1%
    Source: RE/MAX Edge #08918946 Report a problem
    2/11/2015Listing removed$190,000
    Source: Auction Works #08750144 Report a problem
    1/9/2015Listed for sale$190,000+167.6%
    Source: Auction Works #08750144 Report a problem
    11/27/2001Sold$71,000-16.5%
    Source: Public Record Report a problem
    8/29/1994Sold$85,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $36,600 +161.4%
    2023$2,963 +2.9%$13,999
    2022$2,879 +2.3%$13,999
    2021$2,815 +22.5%$13,999 +35.7%
    2020$2,299 -3.5%$10,319 -13%
    2019$2,383 +1.7%$11,861
    2018$2,343 -51.9%$11,861 -47.6%
    2017$4,874 +7.5%$22,639
    2016$4,534 +9.3%$22,639
    2015$4,148 +35.4%$22,639 +37.1%
    2014$3,064 -2.8%$16,512 -4.7%
    2013$3,150 +1.4%$17,321
    2012$3,108 -3.6%$17,321 -13%
    2011$3,225 -0.4%$19,903
    2010$3,239 -8.3%$19,903 -12.1%
    2009$3,531 -13.4%$22,646 -20.3%
    2008$4,077 +1%$28,418
    2007$4,036 -1.1%$28,418
    2006$4,080 +69.2%$28,418 +92.6%
    2005$2,411 +1%$14,756
    2004$2,387 +2.2%$14,756
    2003$2,335 +42.6%$14,756 +62%
    2002$1,637 -7.9%$9,111
    2001$1,778 +30.5%$9,111 -11.3%
    2000$1,363 -0.7%$10,269 +44.8%
    1999$1,372 $7,093

    Find assessor info on the county website

    Neighborhood: East Garfield Park

    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.

    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
    $528,800
    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
    $528,800