5430 S Drexel Avenue
Chicago, IL, 60615
$1,350,000
10 Beds
6 Baths
0 SqFt
0 Acres
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$1,350,000
5430 S Drexel Avenue
Chicago, IL, 60615
MLS #MRD12568487 image #0MLS #MRD12568487 image #1MLS #MRD12568487 image #2MLS #MRD12568487 image #3
Separate tenant paid heat. Apartment building located near the University of Chicago, one of the most powerful institutional anchors in the Midwest. Hyde Park is known for stable tenant demand, timeless architectural character, and consistent long term appreciation. The location offers immediate access to the University of Chicago along with close proximity to Lake Michigan, Downtown Chicago, and accessible public transportation, all of which support a deep and dependable renter pool. This property is ideally suited for investors seeking a core Hyde Park position with strong in place income and durable long term value growth. The location drives consistently high demand, makes this an outstanding opportunity in one of the most resilient and historically stable multifamily submarkets in Chicago.

Property Details

Price:
$1,350,000
MLS #:
MRD12568487
Status:
Active Under Contract
Beds:
10
Baths:
6
Type:
Commercial
Neighborhood:
chihydepark
Listed Date:
Feb 13, 2026
Year Built:
1916
Chi – Hyde ParkChihydepark

Schools

Interior

Exterior

Financial

Net Operating Income
$95,900
Tax Year
2024
Taxes
$21,117
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Mar 07, 2026
933
Commercial Listed
197
Avg DOM
187
Avg $ / SqFt
$1,020,436
Avg List Price

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Property Summary

    5430 S Drexel Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $1,350,000 To schedule a showing of MLS#mrd12568487 at 5430 S Drexel Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5430 S Drexel Avenue
Chicago, IL