8425 S Drexel Avenue Chicago, IL ^$ 450,000

8425 S Drexel Avenue

^$ 450,000

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8425 S Drexel Avenue

Chicago, IL, 60619

^$ 450,000

Bedrooms9 Baths0.0

Monthly Estimate*

^$ 2,807

8425 S Drexel Avenue, Chicago, IL 60619 - Image 1

Multi-Family Home for sale in Chicago, IL

for $450,000 with 9 bedrooms. This home was built in 1928.

Discover an exceptional opportunity in vibrant Chatham! This brick legal residential 6-flat, is an amazing opportunity for investment. The fully occupied building has three 1 bedroom and three 2 bedrooms. Ample living rooms, dining rooms, kitchens and closet spaces. Double lot. Radiator heat. Lots of light and hardwood floors under carpet. The building needs some cosmetic work. Five car brick garage could produce additional income. Strictly As-Is and 100 percentage tax proration. Easy access to buses, stores, restaurants and I94 highway. A tremendous opportunity, big potential for an investor. Don't miss seeing this one.

Multi-Family Contingent

Price

^$ 450,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 4,853

Style

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12437189

Features

General

Possession Closing

Construction Materials Brick

Year Built 1928

Tenant Pays Electricity

Stories Count 3

Township Hyde Park

Tax Year 2023

Gross Income 56796

County Cook

Net Operating Income 13448

Operating Expense 43348

Insurance Expense 5980

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 2075

Status Contingent

Directions Take East 87th Street Turn left onto S Cottage Grove Ave. Turn right onto 84th Street turn right onto S Drexel Ave

City Chicago

Number Of Units Total 6

MLS Area CHI - Chatham

Tax Annual Amount 4853

Electric Expense 172

Fuel Expense 8405

Trash Expense 5423

Water Sewer Expense 2671

Additional Parcels Y/N N

Standard Status Active Under Contract

Interior

Basement Unfinished

Exterior

Lot Dimensions 8265

* Excluded Features

List By

Vision Real Estate Ii Inc

Broker

cprater@visionrealestate2.com

Affordability Calculator

$3,212

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $404
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$615,846

Percent of Sale Price 37%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/4/2025	$450,000		Listed Price

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8425 S Drexel Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $450,000. 8425 S Drexel Avenue has 9 bedrooms, 0.0 baths, and was built in 1928. The property's zip code is 60619 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/8/2025.

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8425 S Drexel Avenue

Multi-Family Home for sale in Chicago, IL

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