Chicago, IL 60619 8212 S Drexel Avenue
$1,999,900
19 more
Presented By: Coldwell Banker Real Estate Group
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
Beds • 3
Home Details
This is an incredible opportunity to own a beautiful building in Chatham! Building is in near perfect condition and has gone through extensive rehab, very little to do but sit back and collect rents! 26 units in total (Current unit mix is Nineteen 2 Bed/1 Bath, Five 1 Bed/1 Bath, and 2 legal garden units). Fully rented building with good tenants brings in over $26K per month! Around 70% of the units are rehabbed to condo quality. Roof and building mechanicals less then 10 years old. Walking distance to the 79th Street Metra station. Don't miss out on this incredible investment opportunity!
Presented By: Coldwell Banker Real Estate Group
Interior Features for 8212 S Drexel Avenue
Other Interior Features
BasementUnfinished
General for 8212 S Drexel Avenue
Additional Parcels Y/NNo
CityChicago
CountyCook
Days on Market120
Directions79th Street, East of Cottage Grove, turn south on Drexel. 3 blocks to property on the right.
Electric Expense7122
Fuel Expense26587
Gross Income312792
Insurance Expense18544
MLS AreaCHI - Chatham
MaintenanceExpense4765
Net Operating Income181441
NumberOfUnitsTotal26
Operating Expense131351
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount29432
Tax Year2022
Tenant PaysElectricity
TownshipHyde Park
Trash Expense1700
Water Sewer Expense21219
Year Built1927
ZoningMULTI
Exterior for 8212 S Drexel Avenue
Lot Dimensions100' X 124'
Additional Details
Price History
