$15,000 seller credit and a low interest rate! A Greystone rebuilt with permits in vibrant Woodlawn. This 2023 gut-rehab blends historic elegance with modern upgrades. Potential rental income of up to $6,000/month. With the seller's credits you can reduce your mortgage payment to around $4,000, offering up to a potential $2,000 in monthly profit. The property features tall ceilings, hardwood floors, and condo-quality finishes like quartz countertops, shaker cabinets, and stainless steel appliances. Each unit has in-unit laundry and oversized decks. The first-floor includes a 2 bed/1 bath setup and is duplexed down with $60K in structural basement enhancements, providing future living space potential. Updates include new electrical, plumbing, main water line, main sewer line, and a 2-car garage. Located steps from the 63rd Green Line, near the University of Chicago, and close to the Obama Presidential Center, Hyde Park, and the lakefront. A unique opportunity to own a turnkey multi-unit in one of Chicago's most dynamic neighborhoods.
Closed
$727,500
6347 S Drexel Ave, Chicago, IL 60637
8beds
--sqft
Multi Family
Built in 1892
-- sqft lot
$732,700 Zestimate®
$--/sqft
$2,129 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 14, 2025 at 03:17pm
Listing courtesy of:
Phillip Dixon 312-879-9293,
Compass,
Kasey Taylor,
Compass
Bought with:
Matricia Jackson
Keller Williams Preferred Rlty
Source: MRED as distributed by MLS GRID,MLS#: 12464172
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Bath/Stubbed,Full,Walk-Out Access
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Exterior features: Balcony
- Fencing: Fenced
Lot
- Size: 3,125 sqft
- Dimensions: 25' X 125'
Details
- Additional structures: Garage(s)
- Parcel number: 20231040110000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
- Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Greystone
- Property subtype: Multi Family
Materials
- Brick, Stone
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Asphalt,Rubber
Condition
- New construction: No
- Year built: 1892
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Security
- Security features: Security System, Carbon Monoxide Detector(s)
Community
- Community features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$732,700
2% more+$14,654
With Zillow Showcase(estimated)$747,354