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Off market
  • $200,500

    7638 S Drexel Ave, Chicago, IL 60619

    3beds
    1,680sqft
    MultiFamily
    Built in 1887
    -- sqft lot
    $200,500 Zestimate®
    $119/sqft
    $1,701 Estimated rent

    Home value

    $200,500

    $154,000 - $249,000

    $1,701/mo

    Zestimate® history
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    Owner options

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    $1,701/mo

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    $1,701/mo

    Rent Zestimate®

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    $1,470/mo

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    $1,470/mo

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    What's special

    Cash Flow, Cash Flow, Cash Flow! FHA Approved and Section 8 approved! Live on the top floor and be mortgage free! Don't miss out on this well maintained 2 flat in the Greater Grand Crossing neighborhood of Chicago. 1st floor unit is a 2 bed, 1 bath that is currently being rented to a great section 8 tenant at $900 per month. The second floor not occupied and it features 1 bed, 1 bath. Property recently appraised for $90,000 in March of 2018, that's $11,000 in instant equity a new home owner can enjoy! 2 bedroom unit can rent for up to $1,000 per month and the 1 bedroom unit can rent for up to $800 per month! This deal is a no brainier with plenty of equity and cash flow available! ***Seller will provide all new siding with a full price offer!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Interior area
    • Total interior livable area: 1,680 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 3,049 sqft
    Details
    • Parcel number: 2026309028

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1887

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Sewer: Sewer-Public
    • Water: Public
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage
    • Sale Terms: FHA, VA, Conventional
    • Other Information: Commuter Bus
    • Age: 100+ Years
    • Type-Multi: 2 Flat, 2 Story Unit/s
    • Status: Contingent
    • Appliances/Features Unit 1: Stove
    • Garage On-Site: Yes
    • Is Parking Included in Price: Yes
    • Lot Dimensions: 3125
    • Appliances/Features Unit 2: Stove
    • Tenant Pays - Unit 1: Electric, Gas, Heat
    • Tenant Pays - Unit 2: Electric, Gas, Heat
    • Garage Ownership: Owned
    • Tax Year: 2016
    • Parcel Identification Number: 20263090280000

    Price history

    DateEventPrice
    10/31/2018Sold$79,000$47/sqft
    Source: MRED as distributed by MLS GRID #10034792 Report a problem
    8/20/2018Pending sale$79,000$47/sqft
    Source: Keller Williams Realty Premiere Properties #10034792 Report a problem
    5/30/2018Listed for sale$79,000-25.4%$47/sqft
    Source: Keller Williams Premiere Properties #09966526 Report a problem
    10/24/2014Listing removed$105,900$63/sqft
    Source: CIT Property Group #08706125 Report a problem
    10/1/2014Listed for sale$105,900-51.9%$63/sqft
    Source: CIT Property Group #08706125 Report a problem
    8/29/2005Sold$220,000+83.3%$131/sqft
    Source: Public Record Report a problem
    9/9/2003Sold$120,000$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $10,901 +81.7%
    2023$7 -99%$5,999
    2022$663 -45%$5,999
    2021$1,206 -49.7%$5,999 -44.3%
    2020$2,397 -1.3%$10,761 -11%
    2019$2,429 +1.7%$12,092
    2018$2,389 -21.8%$12,092 -14.8%
    2017$3,056 +7.5%$14,195
    2016$2,843 +9.3%$14,195
    2015$2,601 +24.7%$14,195 +26.2%
    2014$2,087 +2%$11,246
    2013$2,045 +1.4%$11,246
    2012$2,018 -1.9%$11,246 -11.4%
    2011$2,056 -0.4%$12,690
    2010$2,065 +4.4%$12,690
    2009$1,979 -38.6%$12,690 -43.5%
    2008$3,223 +1%$22,470
    2007$3,191 -1.1%$22,470
    2006$3,226 +120.3%$22,470 +150.7%
    2005$1,464 +1%$8,962
    2004$1,450 +2.2%$8,962
    2003$1,418 +6.7%$8,962 +21.2%
    2002$1,329 +3.7%$7,397
    2001$1,281 +42.4%$7,397
    2000$899 +0%$7,397 +58%
    1999$899 $4,681

    Find assessor info on the county website

    Neighborhood: Grand Crossing

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: The MLS. 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
    $200,500
    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
    $200,500