NOT LISTED FOR SALE

Estimated Value: $951,000 - $956,926

9 Beds
6 Baths
-- Sq Ft
6,708 Sq Ft Lot

Last Sold July 17, 2024

Last sale price $949,000

Est. 1% increase in value since last sale

Current estimated payment $5,918/month

Highlights

  • New Construction
  • 4-minute walk to Cottage Grove Station
  • Contemporary Architecture
  • Gated Community
  • Deck
  • 3-minute walk to Prairie Wolf Park

About This Home

As of July 2024

Welcome 6340-42 S Drexel Discerning Designed Residences. Set in exceptionally well located Woodlawn on the confluence of Hyde Park walking distance to University of Chicago Campus. Magazine Caliber Simply Stunning, Expansive footprint, set on 25 x 132 deep lot with 3 car garage. New Construction 3 flat all 3 bedroom 2 baths Exceptional Elegance, Intelligent Design, Professional Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Custom Back splash, Engineered floors, Fireplace, Curated Gallery of Cohesive Design Offering relief from ordinary, Sequestered Primary Suite with walk in closet, lifestyles primary bathroom offer Opulent over sized Shower w/ Frame less Glass, Double Vanity, Custom Mirrors and Designer Plumbing fixtures. Professional closet organizers throughout, 3 car Garage. Urban Intimacy w/ Hyper Convenience Experience excellence. Veteran developers of 25 + years, 1 year warranty included. Hyper Convenient, AAA Trophy Piece Perfect Turn key, Owner Occupied, Investor or 1031. This is part of a 2 building series. This is an exceptional property and location. Show and sell. Delivery end of April 2024 - Pictures of Similar Building. All showings will start at model location @ 4228 S Langley then Looping Back through Drexel.

Last Agent to Sell the Property

Karen Biazar

North Clybourn Group, Inc. License #471003309 Listed on: 04/05/2024

Co-Listed By

Staci Slattery

North Clybourn Group, Inc. License #471017646

Last Buyer's Agent

Karen Biazar

North Clybourn Group, Inc. License #471003309 Listed on: 04/05/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Lot Dimensions are 25 x 132
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near park

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Building Details

  • Electric Expense $360
  • Insurance Expense $2,300
  • Professional Management Expense $720
  • Water Sewer Expense $1,200
  • Gross Income $90,000
  • Net Operating Income $75,420

Additional Features

  • 3 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2024 | New Construction

Lot Details

6,708 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Contemporary
  • New Construction: Yes
  • Professional Management Expense: 720
  • Year Built: 2024
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MonthToMonthYN: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Other Equipment: CO Detectors
  • Basement Description: None
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Waterfront: No
  • Exterior Building Type: Brick,Block

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 25 X 132
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 75420
  • Insurance Expense: 2300
  • ElectricExpense: 360
  • GrossIncome: 90000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Year: 2022
  • Tax Exemptions: None
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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 List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $949,000 0.0% --
04/05/2024 04/05/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $949,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $8,375 $8,375 --
2024 -- $8,375 $8,375 --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12022430

Midwest Real Estate Data (MRED)

APN: 20-23-101-031-0000

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