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8242 S Drexel Ave
Chicago, IL 60619
Multifamily Property For Sale
·
46 Units
Investment Highlights
- New Boiler (2019)
- Updated Plumbing and Electric
- 10% Cap Rate On Current Financials
- Tear Off Roof (2013)
- Massive Value Add Play by Converting 1b/1ba Units to 2b/1ba Units
Property Facts
| No. Units | 46 | Lot Size | 0.52 AC |
| Property Type | Multifamily | Building Size | 32,200 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1927 |
| Building Class | C | ||
| Zoning | RS-3 - Residential Single-Unit District | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 32,200 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | RS-3 - Residential Single-Unit District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 41 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 20-35-121-024-0000 | Improvements Assessment | $302,829 |
| Land Assessment | $34,971 | Total Assessment | $337,800 |
Property Taxes
Parcel Number
20-35-121-024-0000
Land Assessment
$34,971
Improvements Assessment
$302,829
Total Assessment
$337,800
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