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Duplex with Finished Basement
New
For Sale
$399,900

2112 S Drake Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market6

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 Bedroom 4, Bedroom 1, Bathroom 2, Basement, Bedroom 2, Bedroom 3, Bathroom 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: Sep 30 Changed: Oct 2 Last Checked: Oct 5 at 3:06PM
MLS# 12773246

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 brick two-flat, built in 1920, contains two apartments with two bedrooms and one bathroom apiece. Interior improvements include refreshed kitchens and bathrooms, LVP flooring, and replacement windows and roof. Each unit has a new HVAC system, with forced-air, natural-gas heating.

The basement is partly finished and includes rough-in plumbing for a bathroom, offering additional space for storage or other uses. The property also has a garage and public sewer service.

Key Highlights

  • Two apartments, each with 2 bedrooms and 1 bathroom
  • Updated kitchens and bathrooms, with LVP flooring throughout
  • New windows, roof, and HVAC system in both units

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two separate apartments each provide two bedrooms and one bathroom, with interior updates and shared basement space.
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 $399,900.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; Updated kitchens and bathrooms, with LVP flooring throughout; New windows, roof, and HVAC system in both units
More about this property
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