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$579,900

1632 Drake Ave

Chicago, IL
Active
8
Bedrooms
1910
Year Built
10
Days On Market

Beautifully rehabbed 2-unit Greystone that blends classic Chicago character with modern updates! Each unit offers 4 bedrooms and 1 bath, with gleaming hardwood floors, high ceilings, oversized original trim, and abundant natural light. Updated kitchens feature white shaker cabinetry, granite countertops, subway tile backsplash, and stainless steel appliances, and both units have central air for year-round comfort. The finished basement added space that can be used as an in-law arrangement. 2-car garage completes the package. With units currently leased at $1,975 and $1,950, for rental income from day 1. Conveniently located near the Pink Line, shopping, and dining. A move-in ready Greystone with solid rental income. Don't miss it!

Listing Information

Listing Updated
4 days ago
Listed By
Luis Perez · Realty of America, LLC, 7087881900
MLS#
12793050
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
1632 S Drake Ave, Chicago, IL 60623
City
Chicago
County
Cook
Zip Code
60623

Architecture

Bedrooms
8
Year Built
1910
Construction Materials
Stone
Garage
Yes
Garage Spaces
2
Parking Features
Garage, Detached

Features & Amenities

Heating
Steam

Property Features

Sewer
Public Sewer

Tax & Financial Information

List Price
$579,900
Annual Taxes
$5,002

Schools

98/100
KIPP Chicago Chrtrs - Ascend Academy
Elementary · Grades KG–08 · 0.4 mi
City
Chicago
Students
922
Student body
94% Black · 4% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
95%
Phone
(773) 521-4399
55/100
Crown Elementary Community Acd Fine Arts Center
Elementary · Grades KG–08 · 0.4 mi
City
Chicago
Students
103
Student body
87% Black · 12% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
77%
Phone
(773) 534-1680
55/100
Penn Elementary School
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
281
Student body
90% Black · 9% Hispanic / Latino · 1% American Indian / Alaska Native
Free/reduced lunch
100%
Phone
(773) 534-1665
54/100
Frazier Prep Academy Charter Elementary School
Elementary · Grades KG–08 · 0.3 mi
City
Chicago
Students
243
Student body
98% Black · 1% Hispanic / Latino · 0% Two or More Races
Free/reduced lunch
99%
Phone
(773) 521-1303
53/100
Johnson STEAM Elementary
Elementary · Grades PK–08 · 0.6 mi
City
Chicago
Students
459
Student body
97% Black · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
99%
Phone
(773) 534-1829
53/100
LEARN Charter - Butler
Elementary · Grades KG–08 · 0.7 mi
City
Chicago
Students
458
Student body
97% Black · 2% Hispanic / Latino · 0% White
Free/reduced lunch
98%
Phone
(773) 722-0200
52/100
Herzl Elementary School
Elementary · Grades PK–08 · 0.3 mi
City
Chicago
Students
653
Student body
98% Black · 1% Hispanic / Latino · 0% White
Free/reduced lunch
99%
Phone
(773) 534-1480
52/100
Lawndale Elementary Community Academy
Elementary · Grades PK–08 · 0.4 mi
City
Chicago
Students
222
Student body
97% Black · 3% Hispanic / Latino · 1% White
Free/reduced lunch
99%
Phone
(773) 534-1635

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/23/2026Listed for sale$579,900

Listed by Luis Perez · Realty of America, LLC · 7087881900

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: October 29, 2026 at 5:10 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12793050

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