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4043 S Drexel BLVD Chicago, IL 60653
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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12362899
Maintenance Fees $5,000
Year Built 2003
Annual Tax Amount $30,057
Tax Year 2023
Lot Dimensions 178X69
Property Sub-Type Multi Family 5+
Property Description
Exceptional 2006-built 8-units located in the heart of the rapidly appreciating Bronzeville neighborhood. This well-maintained, elevator building features eight spacious units available with separate utilities, ensuring ease of management and lower operating costs. Investors will appreciate the 8 exterior parking spaces, plus a garage space, offering ample tenant parking-a rare find in the area. Positioned for long-term growth, the property is steps from public transit, major expressways, and minutes to the lakefront, making it highly desirable for tenants. Strong rental income and an 8 cap rate make this an ideal addition to any portfolio.
Location
State IL
County Cook
Area Chi - Oakland
Interior
Fireplace N
Building
Dwelling Type Multi Family 5+
Level or Stories 4
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Listed by Adam Zagata • Dream Town Real Estate