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  • Price$1,450,000
  • Built1920

5407-09 South Drexel Avenue, Chicago

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.

Essential Information

  • MLS® #11999188
  • Price$1,450,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1920
  • TypeCommercial Sale
  • Sub-TypeMulti Family 5+
  • StatusContingent
  • Taxes$15,000

Interior

  • CoolingNone

Additional Information

  • Days on Market47
  • ZoningMULTI

Community Information

  • Address5407-09 South Drexel Avenue
  • AreaCHI - Hyde Park
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60615

Exterior

  • ExteriorBrick
  • RoofTar and Gravel
  • FoundationConcrete Perimeter

Listing Details

  • Listing OfficeLakeside Properties Group, Llc

Price Change History for 5407-09 South Drexel Avenue, Chicago, IL (MLS® #11999188)

Date Details Price Change
Contingent (from New)
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Gold Coast Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 18th, 2024 at 5:53pm CDT.