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8211 S Drexel Avenue Chicago, IL 60619 • Multi Unit - Multiple • New

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New - 33 Hours Ago
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Description

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 Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 7,860
County: Cook
Listed By:
Ware Realty Group, LLC 312-376-1448
MRED MLS
$449,000
Est. $2,852/mo
7,860sqft
New to the Market New
BEDS0 BATHS SQUARE FEET7,860 MLS#12580233
STATUSNew PROPERTY TYPEMulti Unit - Multiple
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Jeff Dellitt
 (563) 343-1028

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8211 S Drexel Avenue , Chicago, IL 60619.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $449,000$449,000$449,000
Down Payment $89,800$15,715$112,250
Monthly Mortgage Amount $2,096$2,573$2,685
Taxes $625$625$625
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$197$0
Monthly Estimated Total $2,852$3,526$3,441

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