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0 Beds

$495,900

2800 S Drake Avenue, Chicago IL, 60623

Price per sqftN/A
Built in1915
Property typeOther
Listed by Jovita Acevedo with Acevedo Realty Group 312-719-1100

Overview

Active

New

Listed Oct 22, 2026

Updated 8h ago

La Villita/Little Village South Lawndale Neighborhood, Rare opportunity Mix-Use Store front with 3 additional units and a Vacant Side Lot (2804 S Drake) with separate PIN. Property has been in the family for over 40 years. Be your own Boss and operate your own business. Building Offers street level storefront currently mom & pop grocery store. The residential portion consists of 1st Floor 4 Room 2 Bedroom, 1 Bath; 2nd Floor Front unit 6 Rooms 3 Bedrooms & 1 Bath; 2nd Floor Rear Unit 4 Rooms 2 Bedrooms & 1 Bath. Full Unfinished Basement for additional Storage plus 2 Car Detached Garage. All utilities are separate, radiators & wall space heaters in units. The current rental income is below market value due to long term tenants. Property has tons of Vintage Charm with original mill work, built ins but being sold "AS IS" with tons of potential just need your renovation ideas for today's needs for market rental income. Roof approx. 2017 Located near El Arco de La Villita/26th Street Commercial Corridor-one of the highest-grossing shopping neighborhoods in the city, filled with Restaurants, Shopping, Banks, Street Vendors, Murals-Minutes from I-55 & I-290 Expressways, Public Transportation, Midway Airport, 26th Street/Blue Island Avenue for a quick drive to Downtown Chicago and all that the City has to offer.

$3,299/mo

Est. mortgage payment based on a $495,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12788001

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$1,500
Tax Frequency
Annually
Municipality
West Chicago
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Listed by Jovita Acevedo with Acevedo Realty Group 312-719-1100

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Data is refreshed every 3 hours. Listing last updated 5:05 AM UTC on 10/24/2026. 

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