8346-48 S Drexel Avenue
Chicago, IL, 60619
$395,000
4 Beds
2 Baths
0 SqFt
0 Acres
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$395,000
8346-48 S Drexel Avenue
Chicago, IL, 60619
MLS #MRD12636350 image #0MLS #MRD12636350 image #1MLS #MRD12636350 image #2MLS #MRD12636350 image #3MLS #MRD12636350 image #4MLS #MRD12636350 image #5MLS #MRD12636350 image #6MLS #MRD12636350 image #7MLS #MRD12636350 image #8MLS #MRD12636350 image #9
TURNKEY 6-UNIT CASH-FLOWING INVESTMENT | SOLID BRICK | CHATHAM Welcome to 8346-48 S Drexel Ave, a rare 6-unit, income-producing brick building in one of Chicago’s most consistently performing rental corridors. This is a true multifamily asset designed for immediate cash flow with long-term upside. This well-maintained building features six spacious units with strong rental demand, making it ideal for investors seeking stability, scale, and portfolio growth in a single acquisition. With multiple income streams under one roof, this property provides built-in risk diversification and consistent occupancy potential. Constructed with classic Chicago brick, the building offers durability, low operating maintenance, and long-term structural integrity – exactly what serious investors prioritize in a buy-and-hold asset. Photos have had personal items removed; the images do not reflect actual current condition as the property is being cleaned out.

Property Details

Price:
$395,000
MLS #:
MRD12636350
Status:
Active
Beds:
4
Baths:
2
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
May 2, 2026
Year Built:
1928
Chi – ChathamChichatham

Schools

Interior

Exterior

Stories
3

Financial

Maintenance Fee
$5,443
Net Operating Income
$56,160
Tax Year
2024
Taxes
$4,153
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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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Property Summary

    8346-48 S Drexel Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $395,000 To schedule a showing of MLS#mrd12636350 at 8346-48 S Drexel Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
8346-48 S Drexel Avenue
Chicago, IL