Welcome to your dream investment opportunity in Chicago, Illinois! This beautifully maintained 2-flat, 2-story residential building is waiting for you to make it your own. With all tenants on a month-to-month lease, you have the flexibility to customize the property to your liking. Each unit boasts an incredible 3 bedrooms and 1 bathroom, offering ample space for your tenants to relax and unwind. Currently, each unit generates a steady rental income of $1,750 per month, providing a great return on investment. Whether you're looking for a turnkey investment or a property to add your personal touches to, this building is perfect for you. Located in a vibrant Chicago neighborhood, this property is in close proximity to numerous dining, shopping, and entertainment options. The well-maintained exterior and interior of the building provide an inviting atmosphere for tenants and guests alike. Don't miss out on this amazing investment opportunity. Schedule a viewing today!
Closed
$186,500
7443 S Drexel Ave, Chicago, IL 60619
6beds
--sqft
Multi Family
Built in 1890
-- sqft lot
$225,600 Zestimate®
$--/sqft
$1,538 Estimated rent
Home value
$225,600
$185,000 - $266,000
$1,538/mo
Zestimate® history
Owner options
List your home for rent
$1,538/mo
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$1,538/mo
Rent Zestimate®
Refinance and save
$1,382/mo
Est. payment
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$1,382/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing courtesy of:
Danielle Johnson 219-322-5508,
McColly Real Estate,
Kyle R Bowen 219-902-7427,
McColly Real Estate
Bought with:
Danielle Johnson
McColly Real Estate
Kyle R Bowen
McColly Real Estate
Source: MRED as distributed by MLS GRID,MLS#: 11757833
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full,Walk-Out Access
Property
Lot
- Size: 3,125 sqft
- Dimensions: 25 X 125
Details
- Parcel number: 20261250130000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2023 | Sold | $186,500 |
Source:  MRED as distributed by MLS GRID #11757833 Report a problem | ||
| 4/26/2023 | Contingent | $186,500 |
Source: MRED as distributed by MLS GRID #11757833 Report a problem | ||
| 4/13/2023 | Listed for sale | $186,500+465.2% |
Source: MRED as distributed by MLS GRID #11757833 Report a problem | ||
| 8/5/2009 | Sold | $33,000-81.8% |
Source: Public Record Report a problem | ||
| 10/29/2003 | Sold | $181,000+262% |
Source: Public Record Report a problem | ||
| 2/10/2003 | Sold | $50,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $11,901 +70.9% |
| 2023 | $1,470 +101.6% | $6,965 |
| 2022 | $729 -0.2% | $6,965 |
| 2021 | $731 -63.1% | $6,965 -42% |
| 2020 | $1,982 -1.9% | $12,000 -11% |
| 2019 | $2,020 -9% | $13,484 -8.1% |
| 2018 | $2,220 -15.8% | $14,675 -6% |
| 2017 | $2,635 +0.3% | $15,617 |
| 2016 | $2,628 +10.4% | $15,617 |
| 2015 | $2,381 +34.1% | $15,617 +28.6% |
| 2014 | $1,776 +2.7% | $12,140 |
| 2013 | $1,730 -0.1% | $12,140 |
| 2012 | $1,731 -13.4% | $12,140 -15.4% |
| 2011 | $1,998 -14.4% | $14,348 |
| 2010 | $2,335 +4.4% | $14,348 |
| 2009 | $2,237 +19.1% | $14,348 -27.6% |
| 2008 | $1,879 +24% | $19,813 |
| 2007 | $1,515 -46.7% | $19,813 |
| 2006 | $2,844 +61.9% | $19,813 +84.2% |
| 2005 | $1,757 +1% | $10,754 |
| 2004 | $1,740 +12.8% | $10,754 +10.4% |
| 2003 | $1,542 +22.6% | $9,744 +39.2% |
| 2002 | $1,257 +3.8% | $6,999 |
| 2001 | $1,212 +52% | $6,999 |
| 2000 | $797 -0.7% | $6,999 +68.7% |
| 1999 | $803 | $4,150 |
Find assessor info on the county website
Neighborhood: Grand Crossing
Nearby schools
GreatSchools rating
- 5/10Madison Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 1/10Hirsch Metropolitan High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$225,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$225,600
- Illinois
- Cook County
- Chicago
- 60619
- Grand Crossing
- 7443 S Drexel Ave
Nearby cities
Nearby neighborhoods
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