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About This Home
This 9-bedroom, 6-bathroom residential multi family at 8211 S Drexel Avenue in Chicago, IL is listed for $449,000. Built in 1928, on a 0.13 acres lot.
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.
Key Features
- Built in 1928
- 0.13 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$2,401/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
8211 S Drexel Avenue
Chicago, IL 60619
Property Details
Construction
Questions & Answers
This 9-bedroom, 6-bathroom residential multi family at 8211 S Drexel Avenue is listed at $449,000. The estimated monthly payment is $1,946 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.13 acre lot, 3 stories.
This property is listed by Sarah Ware and can be reached at (312) 376-1448 or sarah@warerealtygroup.com.