8212 S Drexel Avenue

Chicago, Illinois 60619

Kathy Jensen

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Property Type
Multiple Family

Large Beautiful Courtyard building located in the heart of Chatham. Building has gone through extensive rehab which includes unit renovations, roof and parapet work, new underground plumbing through entry ways, exterior work, porches, and much much more. All mechanicals are new within the last 2 years including boiler and water heaters. Building was purchased as a distressed asset and the new owners have saved you the headache of having to remodel the building and place new Tenants. Current unit mix is 10-1 bed/1 bath, and 14-2 bed/1 bath suites along with 2 garden units giving you 26 total legal units. Building has a new security system in place and is capable of being watched offsite. Numbers under additional info and are very accurate. Building is sitting at 65% occupancy as is being filled as we speak now that the work is complete. Potential of $18,242 once fully occupied. Very little maintenance and work needed so hurry in for your tour today.

Full Features
Exterior Type: Brick
Basement: Unfinished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: N/A
Tax Amount: $12,938
Built: 1927
Cooling System: None
Stories: 3
Roof: Reflective Coating
Current Use: Residential-Multi-Family
Potential Use: Residential-Multi-Family
Zoning: MULTI
Current Net Income: $13,890
Unit 1: 4 room(s) / 1 bed(s) / 1 bath(s)
Unit 2: 5 room(s) / 2 bed(s) / 1 bath(s)
Unit 3: 3 room(s) / 0 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $12,938

Listing Office: Anton LLC

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Chatham is part of the Chicago South Side. Situated just south of Chicago's Loop, Chicago South has experienced rapid development in recent years, particularly in the South Loop neighborhood. Chicago South offers a wide range of housing styles, including new…

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Nearby Public Transportation

Metra Electric Main Branch, Metra Electric South Chicago Branch, Rock Island District, South Shore

at Avalon Park Metra (0.24 miles away), Stony Island Metra, Gresham Metra, 63rd Street and others

8212 S Drexel Avenue Chicago, Illinois 60619 is a multiple family property, which sold for $888,000. Want to learn more about 8212 S Drexel Avenue Chicago, Illinois 60619? Contact an @properties agent to request more info.

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