$999,000
7900 S Drexel Avenue
Chicago, IL, 60619
Priced above 10 Cap Rate on current income! $107,593 income with one retail vacancy. Perfect Property For New And Experienced Investors! Don’t miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equaling 14 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. Located in up and coming Chatham and close to newly planned $9 Billion dollar Quantum Computer Campus.
Property Details
Price:
$999,000
MLS #:
MRD12469752
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
Sep 12, 2025
Total Sq Ft:
9,952
Year Built:
1925
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick, Steel Siding, Glass
Roof
Rubber
Financial
Tax Year
2023
Taxes
$21,909
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Sep 14, 2025
1,092
Commercial Listed
164
Avg DOM
155
Avg $ / SqFt
$1,027,396
Avg List Price
Community
- Address7900 S Drexel Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60619
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Property Summary
- 7900 S Drexel Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $999,000 To schedule a showing of MLS#mrd12469752 at 7900 S Drexel Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
7900 S Drexel Avenue
Chicago, IL
