Chicago, IL 60653 4043 S Drexel Boulevard
$1,692,600
25 more
Presented By: Baird & Warner
Beds • 2
Home Details
Exceptional 2006-built 8-units located in the heart of the rapidly appreciating Bronzeville neighborhood. This well-maintained, elevator building features eight spacious units available with separate utilities, ensuring ease of management and lower operating costs. Investors will appreciate the 8 exterior parking spaces, plus a garage space, offering ample tenant parking-a rare find in the area. Positioned for long-term growth, the property is steps from public transit, major expressways, and minutes to the lakefront, making it highly desirable for tenants. Strong rental income and an 8 cap rate make this an ideal addition to any portfolio.
Presented By: Baird & Warner
General for 4043 S Drexel Boulevard
Additional Parcels Y/NYes
Cap Rate8
CityChicago
CountyCook
DirectionsI94 to 43rd. 43rd St to Drexel
Electric Expense
Fuel Expense
Gross Income180000
Insurance Expense4032
MLS AreaCHI - Oakland
MaintenanceExpense5000
ModificationTimestamp2025-08-12T19:21:01.613Z
Net Operating Income106018
Number Of Units Total8
Operating Expense64981
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count4
Tax Annual Amount30057
Tax Year2023
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built2003
Exterior for 4043 S Drexel Boulevard
Lot Dimensions178X69
Additional Details
Price History
