8237 South Drexel, Chicago IL 60619
Property Description
Amazing 5-unit property in the Chatham neighborhood! This fully occupied professionally managed building is in great condition and very well-maintained. This property consists of 2bed/1bath and 1bed/bath units with 4 of the units renovated within the last 1-2 years. The units feature luxury vinyl plank flooring and are all equipped with a refrigerator and stove. Major work completed on the property include a new roof installed, new rear porches installed, and extensive masonry work all completed in 2018. This property is perfect for the savvy investor to start collecting rent immediately as the property is occupied with great tenants in place!
Features & Information
Key Details
- List Price $400,000
- Property Taxes $3,205
- Price/ Sq. Ft. Unavailable
- Year Built 1964
- Status Active
Building Information
- Age of Building Older
- Exterior Construction Brick
- Heating & Cooling Forced Air, Gas
Location
- County Cook
- Directions to Property Starting At The Intersection Of S Cottage Grove Ave And E 82nd St, Head East On E 82nd St Until You Reach S Drexel Ave, Then Head South Onto S Drexel Ave
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Property Taxes
- Tax 3205
- Parcel Identification Number 20351220100000
Listed by Jeremy Lenon for Paragon Property Management | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 1/30/2025 5:32 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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