8211 S Drexel Avenue
Chicago, IL, 60619
$399,900
3 Beds
2 Baths
0 SqFt
0.13 Acres
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MLS #MRD12580233 image #0
Six-unit multifamily property located in the Chatham neighborhood on Chicago’s South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.

Property Details

Price:
$399,900
MLS #:
MRD12580233
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
Mar 2, 2026
Total Sq Ft:
7,860
Lot Size:
5,552 sqft / 0.13 acres (approx)
Year Built:
1928
Chi – ChathamChichatham

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Schools

Interior

Cooling
None

Exterior

Construction Materials
Brick
Roof
Tar/Gravel
Stories
3

Financial

Net Operating Income
$12,488
Tax Year
2024
Taxes
$5,064

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 15, 2026
924
Commercial Listed
186
Avg DOM
$992,888
Avg List Price

Property Summary

    8211 S Drexel Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $399,900

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