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Sold on 05/06/2021
Angelo Labriola of Sperry Van Ness
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1804 S Drake Ave, Chicago, IL 60623

$417,000

Last sold 05/06/2021 for $292K

  • 8

    bed

  • 2

    bath

Multi-family not for sale
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About 1804 S Drake Ave

Property type Multi-family
Neighborhood
Year built 1908
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Property description
Great armchair investment with aggressive returns. Building was renovated in 2010 and features large 4 bedroom/1 bath units with parking in the rear. Section 8 vouchers proving pandemic proof income and potential to charge for parking in the rear. Laundry can be added in the basement for additional income and both units have central heat and air.
Listed by
Listing Agent - Angelo Labriola
Listing Office - Sperry Van Ness
Source: MRED mls logo
MLS#11066624 • last updated 5 years ago
Movoto checked MRED for data 14 minutes ago
Overview
Heating Natural Gas
MLS # 11066624
Virtual Tour N/A
SubType 2 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.08
Property Tax $ 2821.54
Year Built 1908
Interior
Total # of Rooms 16
Exterior
Construction Stone
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 2
Location
Area CHI - North Lawndale
County Cook
APN 16234000700000
Zoning MULTI
Multifamily Details
Gross Income 33804
$417K
Range: $337K-$496K
Last 30 days 
  • Sep 2021
    Public Records
  • Sep 22, 2021 Sold
    $292,000
  • Sep 2021
    mls logo MLS # 11066624
  • Sep 20, 2021 Sold
    $292,000 (+4.3%)
  • May 7, 2021 Active
    —
  • Apr 26, 2021 Listed
    $280,000 (+833.3%)
  • Nov 2009
    Public Records
  • Nov 18, 2009 Sold
    $30,000
  • Oct 2009
    mls logo MLS # 07286856
  • Oct 27, 2009 Sold
    $30,000 (-24.8%)
  • Jul 30, 2009 Listed
    $39,900 (-83.7%)
  • Feb 2006
    Public Records
  • Feb 22, 2006 Sold
    $245,000
  • Year Property taxes Tax assessment
  • 2023
    $4,022 +2.6%
    $25,001 +31.59%
  • 2022
    $3,921 +2.3%
    $18,999
  • 2021
    $3,833 +40.8%
    $18,999 +56.02%
  • 2020
    $2,722 -3.5%
    $12,177 -13.0%
  • 2019
    $2,822 +1.7%
    $13,997
  • 2018
    $2,774 -29.5%
    $13,997 -23.21%
  • 2017
    $3,937 +7.8%
    $18,227
  • 2016
    $3,651 +2.3%
    $18,227 -6.42%
  • 2015
    $3,569 +0.6%
    $19,478
  • 2014
    $3,549 +2.0%
    —
  • 2013
    $3,479
    —
  • 1804 S Drake Ave
    $292K
  • North Lawndale
    $242K +10% y/y
  • 60623
    $219K +9% y/y
  • Chicago
    $360K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Dvorak Technology Acad Elementary School
public Grades PK, K-8
Chicago Public Schools
1/10
Farragut Career Academy High School
public Grades 9-12
Chicago Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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