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    1 home
      1 home available
      545 N Drake Avenue, Chicago, IL 60624
      NEW 3 hrs ago
      545 N Drake Avenue, Chicago, IL 60624
      $575,000
      10beds
      sqft
      0.07acres
      Multi Family for Sale

      545 N Drake Avenue, Chicago, IL 60624

      Listing by: Straight-A Realty, LLC
      1 - 1 of 1 results
      © 2025 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Chicagoland Homes
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      545 N Drake Avenue, Chicago, IL 60624
      NEW 3 hrs ago
      $575,000
      10beds
      full,half bath
      sqft
      0.07acres

      545 N Drake Avenue, Chicago, IL 60624

      Multi Family for Sale by Michael ApplegateStraight-A Realty, LLC.

      Data checked -. Listing last updated 2 hours ago.
      1. Overview
      2. Details
      3. More 

      Turnkey 3-unit in Humboldt Park perfect for house-hacking or a savvy investor: the renovated garden 3BD/1BA rents for $1,700/mo via CHA, the 1st-floor 4BD/2BA (excellent condition) is a long-term CHA tenant at $2,281/mo, and the refreshed top-floor "penthouse" with a balcony is vacant and ready for an owner-occupant-let your tenants' $3,981/mo total income help offset your payment. At the current tax basis, well-qualified buyers may see PITI just under $4,000/mo (buyer to verify), making this building nearly pay for itself. Private on-site parking offers added revenue potential, and the coin- & card-operated laundry creates steady ancillary income. All this in a thriving location steps from the namesake 219-acre park and lagoon, close to the 606 Trail, California/Armitage dining, Division Street's cultural corridor, cafes, nightlife, and transit-surrounded by new construction and quality rehabs. A rare opportunity to live on the top floor, build equity, and enjoy one of Chicago's most exciting neighborhoods!

      Internet Serviceability
      Details
        Property type
      Residential Income
        Year built
      1890
        Heating
      Natural Gas, Forced Air
        Cooling
        Total rooms
      31
        Garage
      No
        Parking spots
      2
      MRD12475423
      MLS ID
      Active
      Status
      09-18-2025
      On market date
        Laundry features
        Fireplace
      No
        Pets allowed
        Architectural Style
      Interior features
      Exterior features
      Lot features
      Appliances included
      Construction materials
      Brick
      Monthly taxes
      $247
      Yearly taxes
      $2,963
      Community Features
      -
      School district
      Chicago Public Schools
      Schools
      -
      Senior community
      No
      Common Charges
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Listing By:
      Michael Applegate
      Michael Applegate
      Michael Applegate
      Brittany Jones
      Michael Applegate
      Michael Applegate
      Designated Managing Broker, Straight-A Realty, LLC
      Direct 
       
      Michael Applegate
      Brittany Jones
      Direct 
       
      Location
      Chicago Ave to Drake, south to property
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      545 N Drake Avenue, Chicago, IL 60624, is a 10 bedroom Multi Family built in 1890. This property is currently available for sale and was listed on Mainstreet REALTORS® on 9-18-2025. The MLS# for this Multi Family is MLS# MRD12475423.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®