8434 South Drexel, Chicago IL 60619
$250,000

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Property Description

A rarely available and highly anticipated 3-unit brick with a full basement property in the heart of Chatham is awaiting its new owner. This robust building features a large floor plan; complete with a kitchen, living room separate dining room, bathroom, and 2 spacious bedrooms. There is an opportunity to add a 3rd bedroom. The mechanicals of this property have been well maintained including the windows, hot water tank, and boiler which heats all three units. An enclosed back porch provides additional storage space for each unit and a spacious 2-car garage making this property one of the most attractive opportunities in the neighborhood. Take advantage of this AS-IS value-add opportunity and carve out your next flip or buy-and-hold investment.

Features & Information

Key Details

  • List Price $250,000
  • Property Taxes $4,730
  • Price/ Sq. Ft. Unavailable
  • Year Built 1922
  • Parking Type Garage
  • Status Contingent

Rooms

  • Total Rooms 20
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Electric, Forced Air
  • Units

  • Unit 1 None
  • Unit 2 Garage/Space
  • Unit 3 None

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Take East 87th Street, Turn Left Onto S Cottage Grove Ave. Turn Right Onto 84th Street, Turn Right Onto S Drexel Ave And End At 8434 S Drexel Ave
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 4730
  • Tax Year 2022
  • Parcel Identification Number 20353050360000

Utilities

  • Sewer Sewer-Publ

Listed by Melanie Miller for Keller Williams ONEChicago | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/7/2024 7:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Chatham

A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.

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