NOT LISTED FOR SALE

4043 S Drexel Blvd Chicago, IL 60653

Oakland Neighborhood
-- Bed
-- Bath
-- Sq Ft
2003 Built

Sale Details

Date Sold: March 4, 2026

Last sale price $1,466,920

235 Days on Market

About This Home

As of March 2026

Exceptional 2006-built 8-units located in the heart of the rapidly appreciating Bronzeville neighborhood. This well-maintained, elevator building features eight spacious units available with separate utilities, ensuring ease of management and lower operating costs. Investors will appreciate the 8 exterior parking spaces, plus a garage space, offering ample tenant parking-a rare find in the area. Positioned for long-term growth, the property is steps from public transit, major expressways, and minutes to the lakefront, making it highly desirable for tenants. Strong rental income and an 8 cap rate make this an ideal addition to any portfolio.

Last Agent to Sell the Property

Loreal Urso

Baird & Warner License #475168893 Listed on: 05/13/2025

Baird & Warner

Co-Listed By

Adam Zagata

Real Broker LLC License #475164308

Last Buyer's Agent

Cynthia Sanders-Grush

HomeSmart Connect LLC License #475153101

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,057

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 178x69
  • Additional Parcels

Parking

  • 6 to 12 Parking Spaces

Interior Spaces

  • 4-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

Overview

  • 8 Units

Building Details

  • Insurance Expense $4,032
  • Maintenance Expense $5,000
  • Operating Expense $64,981
  • Gross Income $180,000
  • Net Operating Income $106,018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,057

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 4
  • Year Built: 2003
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 16-25 Years
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Room: 0

Garage/Parking

  • Outdoor Parking: 6-12 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Heat/Ventilation: Forced Air,Gas

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 178X69

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 106018
  • Insurance Expense: 4032
  • GrossIncome: 180000
  • Maintenance Expense: 5000
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 64981
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 30057
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/04/2026 03/04/26 Sold $1,466,920 -13.3% --
01/03/2026 01/03/26 Pending -- -- --
11/02/2025 11/02/25 For Sale $1,692,600 +15.4% --
10/28/2025 10/28/25 Off Market $1,466,920 -- --
07/15/2025 07/15/25 Price Changed $1,692,600 +16.7% --
05/13/2025 05/13/25 For Sale $1,450,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • Loreal Urso

    Seller's Agent in 2026

    Loreal Urso

    Baird & Warner

    (847) 814-2113

    1 in this area

    134 Total Sales

    Loreal Urso
    Section Image
  • Adam Zagata

    Seller Co-Listing Agent in 2026

    Adam Zagata

    Real Broker LLC

    (773) 732-3661

    1 in this area

    265 Total Sales

    Adam Zagata
    Section Image
  • Cynthia Sanders-Grush

    Buyer's Agent in 2026

    Cynthia Sanders-Grush

    HomeSmart Connect LLC

    (847) 707-4023

    5 in this area

    21 Total Sales

    Cynthia Sanders-Grush
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12362899

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60653 Oakland

4043 S Drexel Blvd, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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