C
Seller's Agent in 2025
Cheryl Prater
Vision Real Estate II Inc
1 in this area
18 Total Sales
8425 S Drexel Ave Chicago, IL 60619
Grand Crossing Neighborhood
--
Bed
--
Bath
8,256
Sq Ft
1928
Built
About This Home
As of December 2025Discover an exceptional opportunity in vibrant Chatham! This brick legal residential 6-flat, is an amazing opportunity for investment. The fully occupied building has three 1 bedroom and three 2 bedrooms. Ample living rooms, dining rooms, kitchens and closet spaces. Double lot. Radiator heat. Lots of light and hardwood floors under carpet. The building needs some cosmetic work. Five car brick garage could produce additional income. Strictly As-Is and 100 percentage tax proration. Easy access to buses, stores, restaurants and I94 highway. A tremendous opportunity, big potential for an investor. Don't miss seeing this one.
Last Agent to Sell the Property
Vision Real Estate II Inc License #475132915 Listed on: 08/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,853
Year Built
- Built in 1928
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 3-Story Property
- Unfinished Basement
- Exterior Basement Entry
Utilities
- Radiator
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $172
- Fuel Expense $8,405
- Insurance Expense $5,980
- Maintenance Expense $2,075
- Manager Expense $11,994
- Other Expense $1,069
- Trash Expense $5,423
- Water Sewer Expense $2,671
- Operating Expense $43,348
- Gross Income $56,796
- Net Operating Income $13,448
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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 |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Sold | $435,000 | 0.0% | $53 / Sq Ft |
| 11/13/2025 11/13/25 | Pending | -- | -- | -- |
| 10/31/2025 10/31/25 | Off Market | $435,000 | -- | -- |
| 08/04/2025 08/04/25 | For Sale | $450,000 | -- | $55 / 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 | $4,853 | $32,001 | $4,688 | $27,313 |
| 2024 | $4,853 | $32,001 | $4,688 | $27,313 |
| 2023 | $4,730 | $23,001 | $7,813 | $15,188 |
| 2022 | $4,730 | $23,001 | $7,813 | $15,188 |
| 2021 | $4,625 | $22,999 | $7,812 | $15,187 |
| 2020 | $4,176 | $18,747 | $5,625 | $13,122 |
| 2019 | $4,280 | $21,304 | $5,625 | $15,679 |
| 2018 | $4,208 | $21,304 | $5,625 | $15,679 |
| 2017 | $5,516 | $25,626 | $5,000 | $20,626 |
| 2016 | $5,133 | $25,626 | $5,000 | $20,626 |
| 2015 | $4,696 | $25,626 | $5,000 | $20,626 |
| 2014 | $5,105 | $27,517 | $4,375 | $23,142 |
| 2013 | $5,005 | $27,517 | $4,375 | $23,142 |
Source: Public Records
Agents Affiliated with this Home
-
Cheryl Prater
-
Claudy Fervil
C
Buyer's Agent in 2025
Claudy Fervil
Illinois Real Estate Partners Inc
(815) 977-2411
1 in this area
6 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12437189
APN: 20353060060000
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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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