TURNKEY 6-UNIT CASH-FLOWING INVESTMENT | SOLID BRICK | CHATHAM Welcome to 8346-48 S Drexel Ave, a rare 6-unit, income-producing brick building in one of Chicago’s most consistently performing rental corridors. This is a true multifamily asset designed for immediate cash flow with long-term upside. This well-maintained building features six spacious units with strong rental demand, making it ideal for investors seeking stability, scale, and portfolio growth in a single acquisition. With multiple income streams under one roof, this property provides built-in risk diversification and consistent occupancy potential. Constructed with classic Chicago brick, the building offers durability, low operating maintenance, and long-term structural integrity – exactly what serious investors prioritize in a buy-and-hold asset. Photos have had personal items removed; the images do not reflect actual current condition as the property is being cleaned out.
Property Details
Price:
$395,000
MLS #:
MRD12636350
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Commercial
Neighborhood:
chichatham
Listed Date:
May 2, 2026
Year Built:
1928
See this Listing
Schools
Interior
Exterior
Stories
3
Financial
Maintenance Fee
$5,443
Tax Year
2024
Taxes
$4,153
Map
Community
- Address8346-48 S Drexel Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60619
Market Summary
Current real estate data for Commercial in Chicago as of May 16, 2026
899
Commercial Listed
190
Avg DOM
$1,023,221
Avg List Price
Property Summary
- 8346-48 S Drexel Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60619. It is listed for $395,000
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Copyright 2026. All rights reserved.
8346-48 S Drexel Avenue
Chicago, IL


