8212 S Drexel Avenue
Chicago, IL, 60619
$1,999,900
Beds
0 Baths
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0 Acres
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$1,999,900
8212 S Drexel Avenue
Chicago, IL, 60619
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This is an incredible opportunity to own a beautiful building in Chatham! Building is in near perfect condition and has gone through extensive rehab, very little to do but sit back and collect rents! 26 units in total (Current unit mix is Nineteen 2 Bed/1 Bath, Five 1 Bed/1 Bath, and 2 legal garden units). Fully rented building with good tenants brings in over $26K per month! Around 70% of the units are rehabbed to condo quality. Roof and building mechanicals less then 10 years old. Walking distance to the 79th Street Metra station. Don’t miss out on this incredible investment opportunity!

Property Details

Price:
$1,999,900
MLS #:
MRD11953628
Status:
Active
Beds:
0
Baths:
0
Address:
8212 S Drexel Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Jan 1, 2024
State:
IL
ZIP:
60619
Year Built:
1927

Schools

Interior

Exterior

Financial

Buyer Agent Compensation
2.5% – $450Net Sale Price
Net Operating Income
$181,441
Tax Year
2022
Taxes
$29,432
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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8212 S Drexel Avenue
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