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8139 S Drexel Ave
Chicago, IL 60619
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Close to major public transits
- Surrounded by shops, dining, and everyday conveniences
- Near University of Chicago, DuSable Museum, and parks
Executive Summary
Rehabbed 11 CAP. in booming Chatham neighborhood. This solid 6-unit features (6) 3BD/2BA, updated and rented units. Ideal for any investors seeking stable cash flow with upside. WILL NOT LAST! Can be sold with Property management in place for out of state investors.
Property Facts
| Price Per Unit | $166,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 11.20% | Building Size | 8,553 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1924/2025 |
| Apartment Style | Low-Rise | Parking Ratio | 0.7/1,000 SF |
| Zoning | RS-3 - Conforming | ||
| Price Per Unit | $166,500 |
| Sale Type | Investment |
| Cap Rate | 11.20% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,553 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1924/2025 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | RS-3 - Conforming |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 6 | $2,050 | 1,320 |
Property Taxes
| Parcel Number | 20-35-116-009-0000 | Improvements Assessment | $25,313 |
| Land Assessment | $4,688 | Total Assessment | $30,001 |
Property Taxes
Parcel Number
20-35-116-009-0000
Land Assessment
$4,688
Improvements Assessment
$25,313
Total Assessment
$30,001
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