8212 South Drexel Avenue
8212 South Drexel Avenue
$1,999,900
43
26
—
—
—
Description
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...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!
- Listed by Brian Ruff • Coldwell Banker Real Estate Group
Property Details for 8212 South Drexel Avenue
Area
CHI - Chatham
TownshipHyde Park
ZoningMULTI
Location
LISTING UPDATED: 04/30/2024 11:19 AM
Property Details for 8212 South Drexel Avenue
Status | Active |
---|---|
MLS # | 11953628 |
Days on Market | 123 |
Taxes | $29,432 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Multi Family 5+-Courtyard |
Year Built | 1927 |
Lot Size | 0.28 AC / 12,400 SF |
County | Cook County |
Location
Building Information for 8212 South Drexel Avenue
Stories-Residences26Year Built1927Building Size-Lot Size0.28 AC / 12,400 SF
Payment Calculator
$13,367 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8212 South Drexel Avenue
Property History for 8212 South Drexel Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8212 South Drexel Avenue
Taxable ValueLand$18,750Additions$124,344Total$143,094
Tax Record2022$29,432 ($2,453 / month)
Home Facts
Stories3Lot Size12,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN20-35-121-020
Schools near 8212 South Drexel Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 | |||
Charter - | 10 to 11 |
Rating | School | Distance |
---|---|---|
Ashe Elementary School PublicPK to 8 | ||
Hirsch Metropolitan High School Public9 to 12 | ||
CICS Avalon CharterK to 8 | ||
YCCS Chtr - Chatham Charter10 to 11 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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