Closed

$250,000

7841 Drexel Avenue, Chicago, IL 60619
9 Beds4 Baths22 days
7841 Drexel Avenue·Chicago, IL 60619
9Bedrooms
4Bathrooms
1907Year Built
About This Home

Amazing cash flow potential from this all-brick 4-unit building in Chatham boasting excellent maintenance and a fully fenced-in lot. The units feature hardwood flooring and fresh paint, and each has its own furnace. The property presents a great investment opportunity, with projected rents of $1,000+ for the two-bedroom units and $1,200+ for the three-bedroom units. It is being sold AS-IS and requires a conventional loan or cash payment. Some units need rehab. This property is also being offered as a portfolio sale along with 321 W 59th PL (MLS# 11771786), and 8122 S Evans (MLS# 11771960).

MLS# 11857179Listed August 10, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms9
Total Bathrooms4
Total Rooms13

Size & Structure

Year Built1907
Lot Size0.120 acres

Location

CountyCook
TownshipHyde Park
Zip Code60619

Financial

List Price$250,000
Annual Taxes (2021)$4,022
Monthly Tax Est.$335
Parcel #20263190150000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Tar/Gravel

Foundation

Brick/MortarConcrete Perimeter

Patio & Porch

Porch
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic
HOA & Community

Community Features

CurbsGatedSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$4,022
Tax Year 2021
Monthly Tax Est.
$335
per month
Property Location

7841 Drexel Avenue, Chicago, IL 60619Cook County

$250,000
7841 Drexel Avenue
9 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
22 days on market
0.120 acres
$4,022/yr taxes
$1,649
estimated monthly payment
Principal & Interest
$1,314/mo
Property Tax
$335/mo
$250,000
20% — $50,000
3%50%
6.875%
3%12%
Loan Amount
$200,000
Down Payment
$50,000

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

Listed by
Compass
Agent: Tim Lorimer
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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