8211 S Drexel Ave, Chicago, IL
9 bd · 6 ba · 0 sqft Multi-Family listed at $449,000, built in 1928 in the East Chatham neighborhood.
About this home
Six-unit multifamily property located in the Chatham neighborhood on Chicago's South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.
Property details
- Price
- $449,000
- Bedrooms
- 9
- Bathrooms
- 6
- Year built
- 1928
- Lot size
- 5,663 sqft
- Type
- Multi-Family
- Days on market
- 54
- Est. property tax
- $9,339/yr · $778/mo · 2.08% IL avg
- Last sold
- $125,000 · Feb 1989
Estimated monthly payment
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Price history
- Mar 2, 2026$449,000Initial list price
- Feb 2, 1989$125,000Sold
Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60619)
Median age is 41.3; 17% hold a bachelor's degree; 44% of homes are owner-occupied; median household income is $42,802.
- Median income
- $42,802
- Median age
- 41.3
- Owner-occupied
- 43.6%
- Bachelor's degree
- 17.4%
- Census median home value
- $196,600
Source: US Census Bureau American Community Survey 5-year estimates.
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