Amazing cash flow potential from this all-brick 4-unit building in Chatham boasting excellent maintenance and a fully fenced-in lot. The units feature hardwood flooring and fresh paint, and each has its own furnace. The property presents a great investment opportunity, with projected rents of $1,000+ for the two-bedroom units and $1,200+ for the three-bedroom units. It is being sold AS-IS and requires a conventional loan or cash payment. Some units need rehab. This property is also being offered as a portfolio sale along with 321 W 59th PL (MLS# 11771786), and 8122 S Evans (MLS# 11771960).
Closed
$250,000
7841 S Drexel Ave, Chicago, IL 60619
9beds
--sqft
Multi Family
Built in 1907
-- sqft lot
$342,100 Zestimate®
$--/sqft
$1,388 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 02, 2023 at 02:24pm
Listing courtesy of:
Tim Lorimer 773-482-1917,
Compass,
Michael Mandile 847-322-8827,
Compass
Bought with:
Carla Taylor
Baird & Warner
Source: MRED as distributed by MLS GRID,MLS#: 11857179

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Windows: Storms/Screens
- Basement: Full
Property
Features
- Patio & porch: Porch
Lot
- Size: 5,227 sqft
- Dimensions: 44X125
Details
- Parcel number: 20263190150000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Tar/Gravel
Condition
- New construction: No
- Year built: 1907
- Major remodel year: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Curbs, Gated, Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.