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7828 S Drexel Ave
Chicago, IL 60619
Multifamily Property For Sale · 32 Units

INVESTMENT HIGHLIGHTS

  • 9%+ In-Place Cap Rate
  • Newer boiler, porches, windows, and electric
  • Opportunity Zone
  • Value Add by bringing rents to market rate levels
  • Long term owner (30+ years)

PROPERTY FACTS

No. Units 32
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.36 AC
Building Size 30,276 SF
No. Stories 4
Year Built/Renovated 1927/2007
Zoning RS-3 - Residential Single Unit District

AMENITIES

UNIT AMENITIES

  • Kitchen

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 24 - -
2+1 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-26-318-029-0000
Land Assessment
$19,531
Improvements Assessment
$203,820
Total Assessment
$223,351
  • Listing ID: 16972310

  • Date on Market: 8/20/2019

  • Last Updated:

  • Address: 7828 S Drexel Ave, Chicago, IL 60619

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