Chicago, IL 60619 8425 S Drexel Avenue
$450,000
Presented By: Vision Real Estate II Inc
Beds • 9
SQFT • 6,250
Home Details
Discover an exceptional opportunity in vibrant Chatham! This brick legal residential 6-flat, is an amazing opportunity for investment. The fully occupied building has three 1 bedroom and three 2 bedrooms. Ample living rooms, dining rooms, kitchens and closet spaces. Double lot. Radiator heat. Lots of light and hardwood floors under carpet. Building needs some cosmetic work. Five car brick garage could produce additional income. Strictly As-Is and 100 percentage tax proration. Easy access to buses, stores, restaurants and I94 highway. A tremendous opportunity, big potential for an investor. Don't miss seeing this one.
Presented By: Vision Real Estate II Inc
Interior Features for 8425 S Drexel Avenue
Other Interior Features
BasementUnfinished
Other Rooms
General for 8425 S Drexel Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsTake East 87th Street, Turn left onto S Cottage Grove Ave. Turn right onto 84th Street, turn right onto S Drexel Ave
Electric Expense172
Fuel Expense8405
Gross Income56796
Insurance Expense5980
MLS AreaCHI - Chatham
MaintenanceExpense2075
ModificationTimestamp2025-05-01T05:15:01.890Z
Net Operating Income13448
Number Of Units Total6
Operating Expense43348
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount4897
Tax Year2022
Tenant PaysElectricity
TownshipHyde Park
Trash Expense5423
Water Sewer Expense2671
Year Built1928
Exterior for 8425 S Drexel Avenue
Building Area Total6250
BuyerOfficeFax(630) 242-1655
Foundation DetailsConcrete Perimeter
Lot Dimensions8265
Additional Details
Price History
