$750,000
7900 S Drexel Avenue
Chicago, IL, 60619
Great Investment opportunity! This very well maintained building features 7 apartments and 8 retail/office storefronts totaling 15 income producing units. Building storefronts consist clothing store and barber shop. 7 residential units are one 2bed/1bath, and 6 bed/1bath LR, DR, KTN, all needs renovating with individual gas forced heat and hot water heaters. 8 storefronts have long-term tenants with 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.
Property Details
Price:
$750,000 / $758,000
MLS #:
MRD11365671
Status:
Closed ((Sep 12, 2022))
Beds:
0
Baths:
0
Address:
7900 S Drexel Avenue
Type:
Commercial
Subtype:
Mixed Use
City:
Chicago
Listed Date:
Apr 4, 2022
State:
IL
Finished Sq Ft:
9,952
ZIP:
60619
Year Built:
1925
Schools
Interior
Cooling
Central Air, Central Individual, Office Only
Exterior
Construction Materials
Brick, Steel Siding
Roof
Rubber
Financial
Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.Net Sale Price
Tax Year
2020
Taxes
$21,875
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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7900 S Drexel Avenue
Chicago, IL
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