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8211 S Drexel Avenue Chicago, IL 60619

$449,000
Active / MLS# 12580233 / Multi Unit - Multiple / Chicago
0 Beds
7860 SqFt

Six-unit multifamily property located in the Chatham neighborhood on Chicago's South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.

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Estimated Payment

$ 1,550.74 per month $997.78 Principal & Interest $422.00 Property Tax $130.96 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.13 Acres
Roof Type: Tar/Gravel
Stories: 3.0
Taxes: $5,064
Year Built: 1928

Feature Descriptions

Current Use: Multi-Family
Electric: Separate Meters
Exterior: Brick
Fire Protection: None
Foundation: Brick/Mortar
Frontage Type: City Street
HVAC: Central Bldg Heat, Radiators
Location: In City Limits
Lot Dimensions: 44.4 x 125
Parcel#: 20351220030000
Parking: 1-5 Spaces
Tenant Pays: Electricity
Units: 6

Location

See details and scored characteristics about this location.

Listing Office: Ware Realty Group, LLC

Listing Office Phone: 312-376-1448



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