NOT LISTED FOR SALE

8337 S Drexel Ave Chicago, IL 60619

Grand Crossing Neighborhood
9 Beds
6 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold July 06, 2020

Last sale price $310,000

12 Days on Market

About This Home

As of July 2020

BEAUTIFUL BRICK 6-UNIT MULTI-FAMILY BUILDING WITH GREAT CURB APPEAL IN CHATHAM*GREAT INVESTMENT*GREAT CASH FLOW*THREE (3) 2 BR/1 BA UNITS (approx. 1,300 sqft EACH)*THREE (3) 1 BR/1 BA apartments (approx. 1,200 sqft EACH)*GORGEOUS HARDWOOD FLOORS THROUGHOUT*GENEROUS-SIZED BEDROOMS*LARGE LIVING ROOM*FORMAL DINING ROOM*KITCHEN WITH LARGE PANTRY*ENCLOSED BACK PORCH*ADDITIONAL TANDEM ROOM IN 2 BED UNITS COULD BE USED AS AN OFFICE*HIGH CEILINGS AND PLUMBING ALREADY THERE FOR 7TH UNIT IN BASEMENT*NEWER BOILER*NEWER HOT WATER TANK*RESURFACED ROOF*SEPARATE STORAGE UNITS AND LAUNDRY IN BASEMENT*4-CAR GARAGE*CLOSE TO RETAIL ALONG 83RD AND COTTAGE GROVE*2 BLOCKS TO PUBLIC TRANSPORT*SERIOUS INVESTORS ONLY*

Last Agent to Sell the Property

Robin Conner

Keller Williams Preferred Rlty License #471007824 Listed on: 04/03/2020

Last Buyer's Agent

Wagner Antoine

Keller Williams Preferred Realty License #475179407

Keller Williams Preferred Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1932

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1932

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Condominium, Residential-Multi-Family
  • Utilities To Site: Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 57320
  • Roof Coverings: Rubber, Tile
  • Roof Structure: Flat
  • Total Annual Exp: 10000
  • Total Annual Income: 67320
  • Total Monthly Income: 5610
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1932
  • Type Multi Family: Flats
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1932

Interior Features

  • Basement: Partially Finished
  • Total Fireplaces: 6

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.14
  • Construction: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces, Detached
  • Number Of Parking Spaces: 4

Utilities

  • Heatventilation: Radiators

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electrical Service: Circuit Breakers, 101-200 Amps

Lot Info

  • Lot Dimensions: 51 X 126
  • Lot Sq Ft: 6300
  • Land Amenities: Curbs and Gutters, Lighting/Exterior, Sidewalks
  • Parcel Identification Number: 20353020110000

Rental Info

  • Gross Rental Income: 67320
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2018

Tax Info

  • Taxes: 4,794
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/06/2020 07/06/20 Sold $310,000 -11.4% --
04/15/2020 04/15/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $350,000 -- --
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 $5,064 $32,900 $4,725 $28,175
2024 $5,064 $32,900 $4,725 $28,175
2023 $4,936 $24,000 $7,875 $16,125
2022 $4,936 $24,000 $7,875 $16,125
2021 $4,826 $24,000 $7,875 $16,125
2020 $4,096 $18,387 $5,670 $12,717
2019 $4,198 $20,895 $5,670 $15,225
2018 $4,127 $20,895 $5,670 $15,225
2017 $4,794 $25,647 $5,040 $20,607
2016 $4,637 $25,647 $5,040 $20,607
2015 $4,219 $25,647 $5,040 $20,607
2014 $4,508 $26,863 $4,410 $22,453
2013 $4,407 $26,863 $4,410 $22,453
Source: Public Records

Agents Affiliated with this Home

  • Robin Conner

    Seller's Agent in 2020

    Robin Conner

    Keller Williams Preferred Rlty

    (773) 220-3255

    83 Total Sales

    Robin Conner
    Section Image
  • Wagner Antoine

    Buyer's Agent in 2020

    Wagner Antoine

    Keller Williams Preferred Realty

    (708) 928-6900

    25 Total Sales

    Wagner Antoine
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10683006

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60619 Grand Crossing

8337 S Drexel Ave, Chicago, IL

Not Listed for Sale

MultiFamily

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) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.