$76,000
$74,995
1.3%For more information regarding the value of a property, please contact us for a free consultation.
1617 S Drake AVE Chicago, IL 60623
9 Beds
3 Baths
4,356 Sqft Lot
Key Details
Sold Price $76,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10362985
Sold Date 06/10/19
Style Greystone
Bedrooms 9
Year Built 1908
Annual Tax Amount $3,549
Tax Year 2017
Lot Size 4,356 Sqft
Lot Dimensions 38X125
Property Sub-Type Two to Four Units
Property Description
Architectural drawings & Approved Permits INCLUDED for 3 UNIT Beautiful Greystone building located in an OPPORTUNITY ZONE with Very large units, tall ceilings, tall basement permitted for large garden unit in up and coming North Lawndale, just blocks from Douglas Park. Property needs a complete rehab but has great bones. Drawings and approved permits save months of time, $$$ and frustrations with the city. Once rehabbed these units can rent for $1,250- $1,350 a month generating a huge cash flow. Empty lot next door will be available on the large lot program. Many new developments currently/starting in the area. CASH OR HARD MONEY ONLY. Do you Due-diligence. Building Sold AS-IS!!
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Unfinished, Full
Interior
Heating None
Fireplace N
Exterior
Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved
Building
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Chris Lebiecki of RE/MAX City
NEARBY SCHOOLS & BUSINESSES
GET MORE INFORMATION