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7900 S Drexel Avenue Chicago, IL $ 999,000
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$ 999,000 Get more info
7900 S Drexel Avenue
$ 999,000
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Share Save

7900 S Drexel Avenue

Chicago, IL, 60619
$ 999,000
Bedrooms-- Baths-- Sq 9,952

Monthly Estimate*

$ 6,232

7900 S Drexel Avenue, Chicago, IL 60619 - Image 1
7900 S Drexel Avenue, Chicago, IL 60619 - Image 2
7900 S Drexel Avenue, Chicago, IL 60619 - Image 3
7900 S Drexel Avenue, Chicago, IL 60619 - Image 4
7900 S Drexel Avenue, Chicago, IL 60619 - Image 5
7900 S Drexel Avenue, Chicago, IL 60619 - Image 6

Commercial Property for sale in Chicago, IL

for $999,000. This 9,952 square foot building was built in 1925 on a lot size of 0.180005.

Priced above 10 Cap Rate on current income! $107,593 income with one retail vacancy. Perfect Property For New And Experienced Investors! Don't miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equaling 14 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. Located in up and coming Chatham and close to newly planned $9 Billion dollar Quantum Computer Campus.

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Commercial Active

Price

$ 999,000

Property Type

Commercial

Taxes

$ 21,909

Style

Lot Size

0.180005

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12469752
Features
General
Cooling Central Air Central Individual
Roof Rubber
Zoning OTHER
Construction Materials Brick Steel Siding Glass
Year Built 1925
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat
Stories Count 2
Township Hyde Park
Tax Year 2023
Gross Income 166596
County Cook
Net Operating Income 107593
Operating Expense 59003
Insurance Expense 14500
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office Multi-Family Retail
Status Active
Directions South on Cottage Grove East on 79th and South on Drexel.
City Chicago
Number Of Units Total 14
MLS Area CHI - Chatham
Lot Size Square Feet 7841
Tax Annual Amount 21909
Electric Expense 500
Fuel Expense 200
Trash Expense 1200
Water Sewer Expense 5400
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Building Area Total 9952
Lot Dimensions 56 X 125
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* Excluded Features
List By
Friedman Real Estate Il Llc

Broker

kellen.duggan@freg.com;duggan.kellen@gmail.com

Email

Affordability Calculator

$8,058
Per Month
77%
23%
0%
Monthly Principal & Interest
$6,232
Monthly Property Taxes
$1,826
Monthly 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
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/12/2025$999,000 Listed Price

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7900 S Drexel Avenue, Chicago, IL, 60619 is a Commercial Property for sale at $999,000 with 9,952 sqft and a lot size of 0.180005. 7900 S Drexel Avenue was built in 1925. The property's zip code is 60619 which is in Chicago, IL

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