8346-48 S Drexel Avenue
Chicago, IL, 60619
$395,000
4 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12636350 image #0
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
Chi – ChathamChichatham

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Interior

Exterior

Stories
3

Financial

Maintenance Fee
$5,443
Net Operating Income
$56,160
Tax Year
2024
Taxes
$4,153

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Community

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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