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6418 S Drexel Ave
Multi-Family
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$519,000

6418 S Drexel Ave, Chicago

56% below median
6 bd·2 ba·0 sqft
Built 1898Woodlawn

6418 S Drexel Ave, Chicago, IL

6 bd · 2 ba · 0 sqft Multi-Family listed at $519,000, built in 1898 in the Woodlawn neighborhood.

About this home

Stunning Greystone two-flat in SIZZLING hot Woodlawn! This is an exceptional opportunity in one of Chicago's fastest-growing neighborhoods. This classic multi-unit property offers two spacious 3-bedroom residences with soaring ceilings, original woodwork, and beautiful vintage details, including decorative fireplaces and charming built-ins that showcase timeless character. The partially finished basement already includes a bathroom and offers incredible potential-create a garden unit, duplex down, or reimagine the entire property as a grand single-family home. Developers will appreciate the condo-conversion possibilities as well. The options here are truly endless, so bring your vision, your creativity, and your contractor. Ideal for a 203K loan and surrounded by exciting new development. The location is unbeatable-minutes from the Obama Presidential Library, Griffin Museum of Science and Industry, University of Chicago, beaches, golf courses, parks, top-rated schools, and a vibrant dining scene. Schedule your showing today and explore the possibilities. Property is being sold **AS-IS**.

Property details

Price
$519,000
Bedrooms
6
Bathrooms
2
Year built
1898
Type
Multi-Family
Days on market
78
Est. property tax
$10,795/yr · $900/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($103,800)
Interest rate6.75%
Principal & Interest$2,693
Property Tax$476
Insurance$150
Total$3,319/mo

Can I afford this?

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Price history

14.9%Most recent change on 2026-04-10: $610,000$519,000.

$718K$610K$501K$650K on Feb 26 (Initial list)$700K on Feb 26 (Initial list)$625K on Feb 26 (Price change)$610K on Mar 26 (Price change)$519K on Apr 26 (Price change)
$650K · Feb 26$519K · Apr 26
  1. Apr 10, 2026$519,000Price change
  2. Mar 6, 2026$610,000Price change
  3. Feb 20, 2026$624,999Price change
  4. Feb 6, 2026$700,000Initial list price
  5. Feb 6, 2026$649,999Initial 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 60637)

This neighborhood skews young (median age 31.2) and is primarily renter-occupied (26% owner-occupied). 14% hold a bachelor's degree; median household income is $37,247.

Median income
$37,247
Median age
31.2
Owner-occupied
25.7%
Bachelor's degree
14.4%
Census median home value
$240,600

Source: US Census Bureau American Community Survey 5-year estimates.

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