8211 S Drexel Avenue
Chicago, IL, 60619
$449,000
3 Beds
2 Baths
0 SqFt
0.13 Acres
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$449,000
8211 S Drexel Avenue
Chicago, IL, 60619
MLS #MRD12580233 image #0
Six-unit multifamily property located in the Chatham neighborhood on Chicago’s South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.

Property Details

Price:
$449,000
MLS #:
MRD12580233
Status:
Active
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
Mar 2, 2026
Total Sq Ft:
7,860
Lot Size:
5,552 sqft / 0.13 acres (approx)
Year Built:
1928
Chi – ChathamChichatham

Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Roof
Tar/Gravel

Financial

Net Operating Income
$12,488
Tax Year
2024
Taxes
$5,064
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Current real estate data for Commercial in Chicago as of Mar 03, 2026
920
Commercial Listed
201
Avg DOM
187
Avg $ / SqFt
$1,024,586
Avg List Price

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Property Summary

    8211 S Drexel Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $449,000 To schedule a showing of MLS#mrd12580233 at 8211 S Drexel Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8211 S Drexel Avenue
Chicago, IL