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Brick Duplex with Finished Basement Bar
For Sale
$497,000

4543 S Drake Avenue, Chicago, IL 60632

MULTI_FAMILY - Chicago, IL

Days on Market53

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 6, Kitchen, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 2, Basement, Bathroom 2
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
APN 19024150180000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7063

Utilities

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

Amenities

hardwood floors
finished basement with bar/kitchenette
coin washer and dryer

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: Jul 30 Last Checked: Aug 1 at 2:06PM
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 brick duplex was built in 1977 and features two units, each with three bedrooms and hardwood floors. A finished basement includes a bar/kitchenette, along with an overhead sewer system with sump pumps. Heating is provided via radiant, steam, and baseboard systems with natural gas, and the roof is asphalt. Parking includes a garage and open parking.

The property has coin washer and dryer facilities, supporting on-site laundry for additional tenant convenience. Public water and public sewer service are in place, and the building is offered in as-is condition.

Sold as-is and presented for group showings per seller request for pre-approved clients, this two-flat setup offers a straightforward residential income configuration with basement functionality and on-site laundry.

Key Highlights

  • Brick duplex built in 1977 with two units
  • Each unit offers three bedrooms with hardwood floors
  • Finished basement with bar/kitchenette

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

Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Duplex - Two 3-bedroom units with hardwood floors, a finished basement bar/kitchenette, coin laundry, and a two-car garage.
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: Brick duplex built in 1977 with two units; Each unit offers three bedrooms with hardwood floors; Finished basement with bar/kitchenette
More about this property
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