Chicago, IL 60637 6347 S Drexel Avenue
$745,000



55 more
























































Presented By: Compass
Home Details
$15,000 seller credit and a low interest rate! A Greystone rebuilt with permits in vibrant Woodlawn. This 2023 gut-rehab blends historic elegance with modern upgrades. Potential rental income of up to $6,000/month. With the seller's credits you can reduce your mortgage payment to around $4,000, offering up to a potential $2,000 in monthly profit. The property features tall ceilings, hardwood floors, and condo-quality finishes like quartz countertops, shaker cabinets, and stainless steel appliances. Each unit has in-unit laundry and oversized decks. The first-floor includes a 2 bed/1 bath setup and is duplexed down with $60K in structural basement enhancements, providing future living space potential. Updates include new electrical, plumbing, main water line, main sewer line, and a 2-car garage. Located steps from the 63rd Green Line, near the University of Chicago, and close to the Obama Presidential Center, Hyde Park, and the lakefront. A unique opportunity to own a turnkey multi-unit in one of Chicago's most dynamic neighborhoods.
Presented By: Compass
Interior Features for 6347 S Drexel Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementUnfinished, Bath/Stubbed, Full, Walk-Out Access
Total Number of Units3
General for 6347 S Drexel Avenue
Additional Parcels Y/NNo
Architectural StyleGreystone
CityChicago
Community FeaturesPark, Curbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick, Stone
CountyCook
DirectionsTravel West on E 63rd St turn Left to S. Maryland Ave. turn Left to E. 64th St. Turn left to S Drexel Ave to property.
Elementary School District299
Garage Spaces2
Gross Income6000
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - Woodlawn
Middle/Junior School District299
ModificationTimestamp2025-09-11T05:07:22.611Z
New ConstructionNo
Other StructuresGarage(s)
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt, Rubber
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4658.19
Tax Year2023
Total Rooms27
TownshipHyde Park
Year Built1892
ZoningMULTI
Exterior for 6347 S Drexel Avenue
Exterior AmenitiesBalcony
Foundation DetailsBrick/Mortar, Concrete Perimeter
Lot Dimensions25' X 125'
Other EquipmentSecurity System, CO Detectors, Ceiling Fan(s), Sump Pump
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History
