Contact us: 563.441.1776
Description
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.
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1915
General Information
County: Cook
Listed By:
Acevedo Realty Group
312-719-1100
MRED MLS
MLS ID: 12788001
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2800 S Drake Avenue, Chicago, IL 60623.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $495,900 | $495,900 | $495,900 |
| Down Payment | $99,180 | $17,357 | $123,975 |
| Monthly Mortgage Amount | $2,606 | $3,199 | $3,214 |
| Taxes | $690 | $690 | $690 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $218 | $0 |
| Monthly Estimated Total | $3,441 | $4,252 | $4,049 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 10/29/2026. The listing information on this page last changed on 10/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 10/29/2026 12:02:13 AM EST) or MRED MLS (last updated Wed 10/28/2026 11:55:04 PM EST) or SCWMLS (last updated Wed 10/28/2026 11:55:21 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 10/28/2026 10:15:54 PM EST) or Cedar Rapids MLS (last updated Wed 10/28/2026 10:46:58 PM EST) or NEIRBR MLS (last updated Wed 10/28/2026 11:58:43 PM EST) or ICAAR MLS (last updated Wed 10/28/2026 11:37:37 PM EST) or ECIMLS (last updated Wed 10/28/2026 11:44:36 PM EST) or RMLSA (last updated Thu 10/29/2026 12:00:59 AM EST) or Muscatine MLS (last updated Thu 10/29/2026 12:00:12 AM EST) or No Coast MLS (last updated Wed 10/28/2026 11:54:23 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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