3967 S Drexel Boulevard Chicago, IL $ 2,150,000
3967 S Drexel Boulevard
$ 2,150,000
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3967 S Drexel Boulevard

Chicago, IL, 60653
$ 2,150,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 13,575

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Multi-Family Home for sale in Chicago, IL

for $2,150,000 with 7 bedrooms. This home was built in 1900 on a lot size of 0.200872.

Once in a Generation, The Crown Jewel of Oakland set on a botanical campus spanning 70 feet of frontage. If you seek the best, if you have exquisite taste, if you want a one of a kind with an elevator that opens directly into most apartments with grand terraces, you have arrived. Located in an exclusive community alongside million dollar homes & within 1/4 block of Mandrake Park, 5 minute walk to the lakefront at the very north end of Drexel Blvd, with its idyllic fountain & cul-de-sac is a magical whimsical storybook setting offering 5 Massive full-floor units ultra-luxurious 3-4 Bed/2-3 Bath residences set in a made for TV boutique, elegant, Gothic Greystone. Be inspired by the grand, formal lobby with inlaid stone floors, intricate woodwork, stunning modern art, a crystal cut chandelier & super "mod" LED wall sconces. The elevator opens directly into most residences' private foyer, which leads to a massive great room, with soaring ceilings & 7' tall window bays that capture phenomenal sun soaked south & west vistas up & down lush & forested Drexel Boulevard. Gorgeous plank hardwood floors, which contrast with sleek 7" crown & baseboard moldings, 8' tall solid core doors, polished chrome door handles & accessories, a custom designed & built fireplace with glass, stone & quartz mantel + gorgeous lighting with Decora switches & dimmers. Adjacent to the great room, cook, entertain & eat in a true & REAL gourmet kitchen with 1 1/4" thick quartz countertops, a massive work island with bar stool seating, state-of-the-art stainless appliances, a multi burner stove, tunnel exhaust hood, dishwasher, 36" refrigerator with ice & water dispensers, built-in microwave drawer & brilliant porcelain full height backsplashes. Other features include strategically placed cable & electric for flat screen televisions, Hi Efficiency HVAC, high tech LED lighting & many other features. Gracious jaw dropping primary bedroom suite with an infusion of natural light from tall south facing windows, enormous walk-in closet is ready to house a large wardrobe, with custom double hanging SS organizers some which include 20 lineal feet of hanging & 55 lineal feet of shelves. Resort Luxury spa bathroom with heated porcelain tile heated floors, steam shower, quartz bench, a custom designed floor to ceiling glass wall & door system, a rain shower, handheld shower & separate body washes, 6' air bath, a wall mounted floating double bowl vanity & two large mirrored medicine cabinets. Numerous oversized rear terraces offer respite to enjoy cocktails, read a book or have breakfast through dinner, private & spacious with sweeping downtown views. Full Laundry Center complete with full size washer & dryer, countertops & cabinetry cabinets. Enjoy fully curated exotic botanical gardens fully with specimen trees & bushes, many grafted, from around the world, including Japan, various countries in Eastern Europe, Canada & the USA ( all irrigated controlled by app) topped off with 9 car garage (2 of 9 Tandem). Fully stabilized with exceptional longer term tenants, this stunning, unique, trophy property offers a rare hybrid opportunity pairing investment with legacy. Full financials, floorplans, survey, and extensive pictures available. Actual Annual Income $213,045/NOI $141,525 / 6.5CAP Pre Approved buyers only. 48-72 hours' notice to show M-F (no weekend showings)

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Multi-Family Active

Price

$ 2,150,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 18,024

Style

Multi-Family

Lot Size

0.200872

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12673900

Features
General
Cooling Central Air
Utilities Water Available
Possession Closing Tenant's Rights
Zoning MULTI
Construction Materials Brick Stone Limestone
Year Built 1900
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Other Hot Water
Stories Count 5
Township Hyde Park
Tax Year 2024
Current Use Multi-Family
Gross Income 213732
County Cook
Net Operating Income 141525
Operating Expense 61519
Insurance Expense 9603
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 10475
Possible Use Condominium
Status New
Directions Oakwood to Drexel N to Property on E side of the Blvd
City Chicago
Number Of Units Total 5
MLS Area CHI - Oakland
Lot Size Square Feet 8750
Tax Annual Amount 18024
Electric Expense 1736
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2503
Ok to Lease 12 Months
Additional Parcels Y/N N
Standard Status Active
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Interior
Basement Finished
Total Fireplaces 5
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Exterior
Foundation Details Other
Lot Dimensions 70 x 125
Frontage Type City Street
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* Excluded Features
List By
North Clybourn Group, Inc.

Broker

karen@northclybourngroup.com

Email

Affordability Calculator

$15,077
Per Month
90%
10%
0%
Monthly Principal & Interest
$13,575
Monthly Property Taxes
$1,502
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
9/8/2026$2,150,000 Listed Price

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3967 S Drexel Boulevard, Chicago, IL, 60653 is a Multi-Family Home for sale at $2,150,000 with a lot size of 0.200872. 3967 S Drexel Boulevard has 7 bedrooms, 0.0 baths, and was built in 1900. The property's zip code is 60653 which is in Chicago, IL