8211 S Drexel Avenue Chicago, IL ^$ 449,000

8211 S Drexel Avenue

^$ 449,000

Back to search

Recently Listed

8211 S Drexel Avenue

Chicago, IL, 60619

^$ 449,000

Bedrooms3 Baths0.0 Sq 7,860

Monthly Estimate*

^$ 2,765

8211 S Drexel Avenue, Chicago, IL 60619 - Image 1

8211 S Drexel Avenue, Chicago, IL 60619 - Image 2

8211 S Drexel Avenue, Chicago, IL 60619 - Image 3

8211 S Drexel Avenue, Chicago, IL 60619 - Image 4

8211 S Drexel Avenue, Chicago, IL 60619 - Image 5

8211 S Drexel Avenue, Chicago, IL 60619 - Image 6

8211 S Drexel Avenue, Chicago, IL 60619 - Image 7

8211 S Drexel Avenue, Chicago, IL 60619 - Image 8

8211 S Drexel Avenue, Chicago, IL 60619 - Image 9

8211 S Drexel Avenue, Chicago, IL 60619 - Image 10

8211 S Drexel Avenue, Chicago, IL 60619 - Image 11

8211 S Drexel Avenue, Chicago, IL 60619 - Image 12

8211 S Drexel Avenue, Chicago, IL 60619 - Image 13

8211 S Drexel Avenue, Chicago, IL 60619 - Image 14

Multi-Family Home for sale in Chicago, IL

for $449,000 with 3 bedrooms. This 7,860 square foot home was built in 1928 on a lot size of 0.13.

Six-unit multifamily property located in the Chatham neighborhood on Chicago's South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.

Multi-Family Active

Price

^$ 449,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 5,064

Style

Multi-Family

Lot Size

0.13

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12580233

Features

General

Cooling None

Possession Closing

Roof Tar/Gravel

Zoning MULTI

Construction Materials Brick

Year Built 1928

Electric Separate Meters

Tenant Pays Electricity

Stories Count 3

Tax Year 2024

Current Use Multi-Family

Gross Income 5332

County Cook

Net Operating Income 12488

Operating Expense 35151

Insurance Expense 8560

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 0

Status New

Directions From Cottage Grove - North or South to Cottage Grove to 82nd Street (one way going East) to Drexel then to address

City Chicago

Number Of Units Total 6

MLS Area CHI - Chatham

Lot Size Square Feet 5552

Tax Annual Amount 5064

Electric Expense 600

Fuel Expense 12456

Trash Expense 5651

Water Sewer Expense 2820

Additional Parcels Y/N N

Standard Status Active

Exterior

Foundation Details Brick/Mortar

Building Area Total 7860

Lot Dimensions 44.4 x 125

Lot Size Acres 0.13

Frontage Type City Street

* Excluded Features

List By

Ware Realty Group, Llc

Broker

sarah@warerealtygroup.com;operations@warerealtygroup.com

Affordability Calculator

$3,187

Per Month

Monthly Principal & Interest: $2,765
Monthly Property Taxes: $422
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$612,991

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
3/2/2026	$449,000		Listed Price

Map

More homes like this one

homes for you

See all

8211 S Drexel Avenue, Chicago, IL, 60619 is a Multi-Family Home for sale at $449,000 with 7,860 sqft and a lot size of 0.13. 8211 S Drexel Avenue has 3 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 6.25% 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.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 3/3/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

8211 S Drexel Avenue

Multi-Family Home for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home