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Brick Duplex with Finished Basement
For Sale
Under Contract
$497,000

4543 S Drake Avenue, Chicago, IL 60632

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market90

Property Features for 4543 S Drake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 3, Kitchen, Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 6
Parking 2
Parking features Garage, Open
Basement Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions TAKE ARCHER TO DRAKE, NORTH TO ADD
Subdivision CHI - Brighton Park
Standard status Active Under Contract
APN 19024150180000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7299

Utilities

Sewer type Public Sewer
Heating system Baseboard, Steam, Radiant, Natural Gas
Water source Public

Amenities

finished basement
bar/kitchenette
coin washer and dryer
hardwood floors

Building Details

Year built 1977
Building materials Brick
Roof type Asphalt
Listing Agency: RE/MAX Mi Casa · RE/MAX International
Listed By: Salvador Gonzalez · License #IL475122447
Added: Jun 10 Changed: Sep 5 Last Checked: Sep 7 at 10:06AM
MLS# 12671283

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Chicago brick duplex, built in 1977, contains two three-bedroom residences with hardwood flooring. The finished basement includes a bar, kitchenette, and updated white shaker cabinetry, adding flexible ancillary space to the property. Radiant, steam, natural gas, and baseboard heating systems are identified, along with public water and public sewer service.

Exterior features include an asphalt roof, open parking, and a long garage sized for two cars. The property also has an overhead sewer with sump pumps and a coin-operated washer and dryer. Zoned MULTI, the building is offered in as-is condition at 4543 S Drake Avenue.

Key Highlights

  • Two units, each with 3 bedrooms and hardwood floors
  • Finished basement with bar, kitchenette, and updated white shaker cabinets
  • Long two‑car garage plus open parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Skin Care Clinic Locksmith (Bike/Boat/Book/etc) Store Bed & Breakfast Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences include hardwood flooring, while the lower level adds a bar and kitchenette.
Where is this duplex located?
The property is located at 4543 S Drake Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $497,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and hardwood floors; Finished basement with bar, kitchenette, and updated white shaker cabinets; Long two‑car garage plus open parking
More about this property
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