J
Seller's Agent in 2025
Jeremy Lenon
Keller Williams ONEChicago
(847) 507-0620
2 in this area
28 Total Sales
8237 S Drexel Ave Chicago, IL 60619
Grand Crossing Neighborhood
--
Bed
--
Bath
4,680
Sq Ft
1964
Built
About This Home
As of April 2025Amazing 5-unit property in the Chatham neighborhood! This fully occupied professionally managed building is in great condition and very well-maintained. This property consists of 2bed/1bath and 1bed/bath units with all units in great condition. The units feature luxury vinyl plank flooring and are all equipped with a refrigerator and stove. This property is perfect for the savvy investor to start collecting rent immediately as the property is occupied with great tenants in place!
Last Agent to Sell the Property
Keller Williams ONEChicago License #475179309 Listed on: 01/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,205
Year Built
- Built in 1964
Home Design
- Brick Exterior Construction
Interior Spaces
- 4,680 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat, sewer
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $481
- Fuel Expense $964
- Insurance Expense $4,372
- Maintenance Expense $1,194
- Trash Expense $2,379
- Water Sewer Expense $1,767
- Operating Expense $15,502
- Gross Income $56,880
- Net Operating Income $46,598
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $400,000 | 0.0% | $85 / Sq Ft |
| 02/09/2025 02/09/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $400,000 | -- | $85 / Sq Ft |
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 | $3,205 | $28,700 | $3,094 | $25,606 |
| 2024 | $3,205 | $28,700 | $3,094 | $25,606 |
| 2023 | $3,125 | $15,191 | $5,156 | $10,035 |
| 2022 | $3,125 | $15,191 | $5,156 | $10,035 |
| 2021 | $3,055 | $15,191 | $5,156 | $10,035 |
| 2020 | $3,323 | $14,916 | $3,712 | $11,204 |
| 2019 | $3,406 | $16,951 | $3,712 | $13,239 |
| 2018 | $3,921 | $19,849 | $3,712 | $16,137 |
| 2017 | $4,454 | $20,689 | $3,300 | $17,389 |
| 2016 | $4,144 | $20,689 | $3,300 | $17,389 |
| 2015 | $3,791 | $20,689 | $3,300 | $17,389 |
| 2014 | $3,088 | $16,644 | $2,887 | $13,757 |
| 2013 | $3,691 | $20,296 | $2,887 | $17,409 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Lenon
-
Tina Hollins
Buyer's Agent in 2025
Tina Hollins
Coldwell Banker Realty
(773) 999-0097
1 in this area
139 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12268665
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Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID
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