NOT LISTED FOR SALE

6337 S Drexel Ave Chicago, IL 60637

Woodlawn Neighborhood
9 Beds
6 Baths
-- Sq Ft
1921 Built

Last Sold March 30, 2020

Last sale price $505,000

5 Days on Market

Highlights

  • Waterfront
  • Forced Air Heating System
  • 4-minute walk to Prairie Wolf Park
  • Greystone Architecture

About This Home

As of March 2020

Description: Legal 3 Unit Graystone in the heart of East Woodlawn. immaculately maintained all units are above grade with condo-like upgrades. All units are 3 bedrooms and 2 baths w/ hardwood floors throughout. Each unit features Granite Kitchens, Stainless Steel appliances, in-unit washer/dryer, and central Heat, and Air. Located 1.5 blocks from the Pink Line, and 3 blocks from the University of Chicago, UC Hospital, and the Brand New Jewel. It's a rare find! Tear off Roof in 2015, Tuck-pointing in 2015(All brick). A/C is approx. 5 years old, and Furnace is approx. 8 years old. Gross Income $55,752

Last Agent to Sell the Property

Matthew Neistat

Jameson Sotheby's Intl Realty License #475156088 Listed on: 02/05/2020

Last Buyer's Agent

Sanina Ellison

Re-CHRG Inc License #471018328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,072

Year Built

  • Built in 1921 | Remodeled in 2014

Lot Details

  • Lot Dimensions are 35x125
  • Waterfront

Home Design

  • Greystone Architecture
  • Brick Exterior Construction
  • Tar and Gravel Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Partially Finished Basement

  • Partial Basement

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $720
  • Fuel Expense $1,080
  • Insurance Expense $2,292
  • Maintenance Expense $1,500
  • Water Sewer Expense $1,200
  • Gross Income $55,752
  • Net Operating Income $42,388

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,072

Year Built

Built in 1921 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Greystone
  • New Construction: No
  • Year Built: 1921
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2014
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2014

Interior Features

  • Basement: Partial
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: Partially Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Range Hood,Hardwood Floors

Exterior Features

  • List Price: 475000
  • Roof: Tar and Gravel
  • Waterfront: Yes
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Assigned, Off Alley
  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Water Sewer Expenses: 1200
  • Other Expenses $: 1500

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 35X125
  • Zoning: MULTI
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 42388
  • Fuel Expense: 1080
  • Insurance Expense: 2292
  • ElectricExpense: 720
  • GrossIncome: 55752
  • Maintenance Expense: 1500
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 5072
  • Tax Year: 2018
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2020 03/30/20 Sold $505,000 +6.3% --
02/10/2020 02/10/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $475,000 +79.2% --
10/31/2014 10/31/14 Sold $265,000 0.0% --
10/28/2014 10/28/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $265,000 +63.1% --
05/27/2014 05/27/14 Sold $162,500 +5.5% --
03/27/2014 03/27/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $154,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Neistat

    Seller's Agent in 2020

    Matthew Neistat

    Jameson Sotheby's Intl Realty

    (847) 714-2913

    55 Total Sales

    Section Image
  • Sanina Ellison

    Buyer's Agent in 2020

    Sanina Ellison

    Re-CHRG Inc

    (773) 495-2144

    2 in this area

    59 Total Sales

    Section Image
  • Sunny Lamba

    Seller's Agent in 2014

    Sunny Lamba

    Publix Realty, Inc.

    (773) 780-7717

    125 Total Sales

    Section Image

  • P

    Seller's Agent in 2014

    Patrick Schaeffer

    Statewide Real Estate Inc

    Section Image

  • N

    Buyer's Agent in 2014

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10628402

Midwest Real Estate Data (MRED)

Illinois Cook County Chicago 60637 Woodlawn

6337 S Drexel Ave, Chicago, IL

This home is located at 6337 S Drexel Ave, Chicago, IL 60637 since 05 February 2020. This property was built in 1921. 6337 S Drexel Ave is a home located in Cook County with nearby schools including Hyde Park Academy High School and Univ of Chicago Chtr-Woodlawn.

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