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2800 South Drake AvenueChicago, IL 60623Price: $495,900

  • Price: $495,900
  • 0 Day on Market
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Federal 30-year interest rate: 7.32% last updated on Oct 22, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $495,900List Price
  • 1915Year Built

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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.

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Listed by Jovita Acevedo of Acevedo Realty Group

Based on information submitted to MRED  as of October 23, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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