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8226 S Drexel Ave
Multi-Family
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$700,000

8226 S Drexel Ave, Chicago

41% below median
20 bd·8 ba·0 sqft
Built 1924East Chatham

8226 S Drexel Ave, Chicago, IL

20 bd · 8 ba · 0 sqft Multi-Family listed at $700,000, built in 1924 in the East Chatham neighborhood.

About this home

Built in 1924, this 20 bed, 8 bath multi-family home at 8226 S Drexel Ave in Chicago, IL (East Chatham neighborhood). Listed at $700,000 with 32 days on market.

Property details

Price
$700,000
Bedrooms
20
Bathrooms
8
Year built
1924
Type
Multi-Family
Days on market
32
Est. property tax
$14,560/yr · $1,213/mo · 2.08% IL avg
Last sold
$110,000 · Dec 2020

Estimated monthly payment

Down payment20% ($140,000)
Interest rate6.75%
Principal & Interest$3,632
Property Tax$642
Insurance$150
Total$4,424/mo

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Price history

$770K$351K$-68K$229K on Sep 06 (Initial list)$221K on Dec 06 (Sold)$229K on Feb 07 (Price change)$211K on Jul 07 (Initial list)$211K on Jan 09 (Price change)$175K on Nov 09 (Initial list)$175K on Oct 10 (Price change)$33K on Feb 13 (Sold)$1K on Jun 16 (Price change)$1K on Jul 16 (Price change)$1K on Jul 16 (Price change)$1K on Aug 16 (Price change)$1K on Sep 16 (Price change)$1K on Sep 16 (Price change)$1K on Jan 18 (Price change)$1K on Jul 18 (Price change)$1K on Dec 18 (Price change)$495K on Jan 20 (Initial list)$495K on Aug 20 (Price change)$495K on Aug 20 (Relisted)$495K on Aug 20 (Initial list)$480K on Oct 20 (Sold)$110K on Dec 20 (Sold)$700K on Feb 26 (Initial list)$700K on Feb 26 (Initial list)$700K on Mar 26 (Initial list)
$229K · Sep 06$700K · Mar 26
  1. Mar 25, 2026$700,000Initial list price
  2. Feb 20, 2026$700,000Initial list price
  3. Feb 14, 2026$700,000Initial list price
  4. Dec 7, 2020$110,000Sold
  5. Oct 5, 2020$480,000Sold
  6. Aug 5, 2020$495,000Initial list price
  7. Aug 5, 2020$495,000Relisted
  8. Aug 3, 2020$495,000Price change
  9. Jan 21, 2020$495,000Initial list price
  10. Dec 17, 2018$1,400Price change
  11. Jul 7, 2018$1,400Price change
  12. Jan 16, 2018$1,400Price change
  13. Sep 8, 2016$1,400Price change
  14. Sep 3, 2016$1,400Price change
  15. Aug 9, 2016$1,400Price change
  16. Jul 29, 2016$1,400Price change
  17. Jul 1, 2016$1,400Price change
  18. Jun 3, 2016$1,400Price change
  19. Feb 7, 2013$33,000Sold
  20. Oct 5, 2010$175,000Price change
  21. Nov 23, 2009$175,000Initial list price
  22. Jan 1, 2009$210,900Price change
  23. Jul 23, 2007$210,900Initial list price
  24. Feb 14, 2007$229,000Price change
  25. Dec 19, 2006$221,000Sold
  26. Sep 20, 2006$229,000Initial list price

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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