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  • $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

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    $4,893/mo

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    $4,893/mo

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    What's special

    $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.

    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#: 12464172MLS Logo

    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
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    $732,700
    2% more+$14,654
    With Zillow Showcase(estimated)$747,354