This Multifamily Property is no longer advertised on LoopNet.com.

5235-5245 S Drexel Ave
Chicago, IL 60615
Ivy at Drexel · Multifamily Property For Sale · 27 Units

Investment Highlights

  • High-Curb Appeal Vintage Asset
  • Professionally Managed and Well-Maintained Property
  • Most Units Feature In-Unit Laundry. All Have Individual HVAC
  • Walking Distance from University of Chicago
  • Updated Apartment Finishes and Common Areas

Property Facts

No. Units 27
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 25,944 SF
No. Stories 3
Year Built 1915
Parking Ratio 0.23/1,000 SF
Zoning RM-5, Chicago

Amenities

Unit Amenities

  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • Sunroom
  • Window Coverings

Site Amenities

  • Laundry Facilities
  • Tenant Controlled HVAC
  • Recycling
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $1,610 600 - 900
2+1 15 $1,838 900 - 1,076
3+1 4 $2,286 1,169

Property Taxes

Property Taxes

Parcel Number
20-11-307-006-0000
Land Assessment
$91,624
Improvements Assessment
$233,105
Total Assessment
$324,729
  • Listing ID: 38396845

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 5235-5245 S Drexel Ave, Chicago, IL 60615

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