Closed

$745,000

6347 Drexel Avenue, Chicago, IL 60637
8 Beds3 Baths39 days
6347 Drexel Avenue·Chicago, IL 60637
8Bedrooms
3Bathrooms
1892Year Built
About This Home

$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.

MLS# 12464172Listed September 5, 2025Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms27

Size & Structure

Garage Spaces2
Year Built1892
Lot Size25' X 125'

Location

CountyCook
TownshipHyde Park
Zip Code60637

Financial

List Price$745,000
Annual Taxes (2023)$4,658
Monthly Tax Est.$388
Parcel #20231040110000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedBath/StubbedFullWalk-Out Access
Exterior & Lot

Construction

BrickStone

Roof

AsphaltRubber

Foundation

Brick/MortarConcrete Perimeter

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

ParkCurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$4,658
Tax Year 2023
Monthly Tax Est.
$388
per month
Property Location

6347 Drexel Avenue, Chicago, IL 60637Cook County

$745,000
6347 Drexel Avenue
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
39 days on market
2-car garage
25' X 125'
$4,658/yr taxes
$4,303
estimated monthly payment
Principal & Interest
$3,915/mo
Property Tax
$388/mo
$745,000
20% — $149,000
3%50%
6.875%
3%12%
Loan Amount
$596,000
Down Payment
$149,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Compass
Agent: Phillip Dixon
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