Two-Unit Greystone
New
For Sale
$579,900
1632 S Drake Ave, Chicago, IL 60623
Both residences feature four bedrooms, central air, and updated kitchens.
Property SizeContact for details
Days on Market2
Property Features for 1632 S Drake Ave
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Lawndale
Public Transit
Yes
Units
Unit Mix
2 x 4BR/1BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,962
Tenant in Place
Yes
Building Details
Year Built
1910
Buildings
1
Listing Agency:
The Agency X
Listed By:
Thomas Bezanes · License #471018395
(312) 622-2850
Source:
Highriseschicago
Added: Oct 24
Changed: Oct 25
Last Checked: Oct 24 at 3:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency X
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Investment Insights
Based on property information with market context.
This 1910 Chicago Greystone is configured as a two-unit duplex, with four bedrooms and one bathroom in each residence. Interior details include hardwood flooring, high ceilings, original trim, and ample natural light. The remodeled kitchens have white shaker cabinets, granite counters, subway tile backsplashes, and stainless steel appliances. Central air serves both units, and the finished basement offers additional space with potential for an in-law arrangement. A two-car garage is included, and both residences are currently leased.
The property is at 1632 S Drake Ave in Chicago, near the Pink Line as well as shopping and dining destinations.
The property is at 1632 S Drake Ave in Chicago, near the Pink Line as well as shopping and dining destinations.
Key Highlights
- Two‑unit duplex built in 1910
- Each residence has 4 bedrooms and 1 bathroom
- Updated kitchens with granite countertops and stainless steel appliances
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,231
Businesses Nearby
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Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature four bedrooms, central air, and updated kitchens.
Where is this duplex located?
The property is located at 1632 S Drake Ave Chicago, IL.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1910; Each residence has 4 bedrooms and 1 bathroom; Updated kitchens with granite countertops and stainless steel appliances
