Sold
Closed
5407-09 S Drexel Avenue
Chicago IL, 60615
$1,450,000
Sold
Closed
Multi-family
Built in 1920
Courtesy of Lakeside Properties Group, LLC
ALL BRICK SOLID MULTI UNITS IN THE HEART OF HYDEPARK. TOTAL 8 UNITS. MAKE IT YOUR SOLID & GREAT INVESTMENT OPPORTUNITY FOR LONG TERM INVESTMENT IN THE UNIVERSITY OF CHICAGO AREA. FEATURES TOTAL OF 6 OF THE 2 BEDROOMS, 1 FULL BATH UNIT WITH 1300SF/UNIT. 2 OF THE GARDEN 1 BEDROOM 1 BATH UNIT. ORGINAL HARDWOOD FLOORS, STAINLESS STEEL APPLIANCES (MOST OF THEM NEWER), IN UNIT WASHER & DRYER AND PUBLIC WASHWER & DRYER AS WELL. IN UNIT LAUNDRY & COMMON SHARE LAUNDRY UNIT IN THE BASEMENT. 1 WATER HEATING SYSTEM & HOT WATER SUPPLIES TO ALL UNITS, TENANT PAYS FOR COOKING GAS AND ELETRIC. WINDOW AIR CONDITIONING, BRAND NEW TEAR OFF FLAT ROOF IN 2021, 8 PARKING SPACES & FENCE COMPLETED IN 2022, MOST OF APPLIANCES ARE STAINLESS STEEL. GOOD AND STABLE TENANTS. RENT BELOW MARKET. ALL UNITS CURRENT ON LEASE EXPIRES IN THE SUMMER TIME, FULLY RENTED ONLY 1 UNIT VACANT FOR SHOWING. WALKING DISTANCE TO University of Chicago Hospital and School. PREAPPROVED INVESTOR ONLY. This opportunity won't last long.
11999188
MLSⓇ ID
March 31, 2024
Listed
November 25, 2024
Updated
Map
5407-09 S Drexel Avenue
Chicago IL, 60615
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Roof
Tar and Gravel
Other Property Details
Area Name
CHI - Hyde Park
Taxes
$15,000
Tax Frequency
Annually
Days on Market
3
Garage
No
View
No
County
Cook
Municipality
Hyde Park
Pool
No
Zoning
MULTI
Listing History
Date | Event | Price |
---|---|---|
7/24/2024 | Sold | $1,450,000 |
4/2/2024 | Under contract | — |
Courtesy of Lakeside Properties Group, LLC, Tanni Wong,
Listing Contact: 312-285-2948
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Data last updated 4:48 PM UTC, 11/25/2024