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Updated Two-Unit Duplex
For Sale
$450,000

2112 S Drake Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market109

Property Features for 2112 S Drake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Basement, Bedroom 1
Parking 2
Parking features Garage
Basement Partially Finished, Full
Elementary school district 299
Middle school district 299
High school district 299
Directions Take Ogden south to Central park ave then east to Drake and north to property
Subdivision CHI - North Lawndale
Standard status Active
APN 16234150400000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 3744

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Building Details

Year built 1920
Building materials Brick
Listing Agency: eXp Realty
Listed By: Mauricio Lopez
Added: May 5 Changed: Aug 21 Last Checked: Aug 21 at 3:06PM
MLS# 12595347

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.

Built in 1920, this brick duplex contains two residences, each configured with 2 bedrooms and 1 bathroom. Both units have been updated with new kitchen cabinetry and countertops, new bathrooms, LVP flooring, replacement windows, and new HVAC systems. Heating is provided by natural gas and forced air, with public sewer service supporting the property.

The partially finished basement adds flexible utility and includes rough-in plumbing for a bathroom. It can serve as storage or an in-law suite, subject to the intended use and applicable requirements. A garage is included for parking. The property is located at 2112 S Drake Avenue in Chicago, IL 60623.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each residence
  • New kitchen cabinets, countertops, bathrooms, windows, roof, and LVP flooring
  • New HVAC system serving both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Home Appliance 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

2,204
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Brick duplex with refreshed interiors, basement utility, garage parking, and separate HVAC systems for both residences.
Where is this duplex located?
The property is located at 2112 S Drake Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each residence; New kitchen cabinets, countertops, bathrooms, windows, roof, and LVP flooring; New HVAC system serving both units
More about this property
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