4043 S Drexel Boulevard Chicago, IL ^$ 1,692,600

4043 S Drexel Boulevard

^$ 1,692,600

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4043 S Drexel Boulevard

Chicago, IL, 60653

^$ 1,692,600

Bedrooms2 Baths0.0

Monthly Estimate*

^$ 10,422

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Multi-Family Home for sale in Chicago, IL

for $1,692,600 with 2 bedrooms. This home was built in 2003.

Exceptional 2006-built 8-units located in the heart of the rapidly appreciating Bronzeville neighborhood. This well-maintained, elevator building features eight spacious units available with separate utilities, ensuring ease of management and lower operating costs. Investors will appreciate the 8 exterior parking spaces, plus a garage space, offering ample tenant parking-a rare find in the area. Positioned for long-term growth, the property is steps from public transit, major expressways, and minutes to the lakefront, making it highly desirable for tenants. Strong rental income and an 8 cap rate make this an ideal addition to any portfolio.

Multi-Family Contingent

Price

^$ 1,692,600

Bedrooms

Property Type

Multi-Family

Taxes

^$ 30,057

Style

Year Built

2003

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12362899

Features

General

Year Built 2003

Stories Count 4

Tax Year 2023

Gross Income 180000

County Cook

Net Operating Income 106018

Operating Expense 64981

Insurance Expense 4032

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 5000

Status Contingent

Directions I94 to 43rd. 43rd St to Drexel

City Chicago

Number Of Units Total 8

MLS Area CHI - Oakland

Tax Annual Amount 30057

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N Y

Standard Status Active Under Contract

Cap Rate 8

Exterior

Lot Dimensions 178X69

* Excluded Features

List By

Baird & Warner

Broker

Loreal@LorealProperties.com

Affordability Calculator

$12,926

Per Month

Monthly Principal & Interest: $10,422
Monthly Property Taxes: $2,505
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$587,111

Percent of Sale Price 65%

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
5/13/2025	$1,450,000		Listed Price

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4043 S Drexel Boulevard, Chicago, IL, 60653 is a Multi-Family Home for sale at $1,692,600. 4043 S Drexel Boulevard has 2 bedrooms, 0.0 baths, and was built in 2003. The property's zip code is 60653 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.

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Data is updated as of 1/23/2026.

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4043 S Drexel Boulevard

Multi-Family Home for sale in Chicago, IL

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