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6620 S Drexel Ave

Chicago IL 60637

8
2
2
0.07 ac.
Multi-Family
Currently for sale - view listing

Overview

Great investment opportunity with this spacious brick 2-flat in the rapidly developing Woodlawn neighborhood! Both units feature identical floor plans with a roomy living room, separate dining room, kitchen, four generously sized bedrooms (a rare find), and a full bath. Each unit also includes in-unit laundry hookups for added convenience. While already well-maintained, there is excellent potential to further update the units and maximize rental income. Large backyard and parking pad provide additional value for tenants. Ideally located near grocery stores, public transportation, and major highways, this property is also just minutes from the highly anticipated Obama Presidential Center and surrounded by ongoing neighborhood investment and development, making it a prime opportunity for both seasoned and new investors. Unit 1 is currently tenant-occupied. Unit 2 is available for initial showings; Unit 1 may be viewed on second showings for serious buyers only. Schedule your tour today!

Features

8 bedrooms
2 bathrooms
2 carspaces
0.07 ac. lot size
Multi-Family

Property history for 6620 S Drexel Ave

2024
Sold
$284,000
20 May 2024 by Michael Scanlon, of The Axon Group
2015
Sold
$170,000
05 Nov 2015 by Mark Ainley, of GC Realty and Development
2015
Sold
$43,000
30 Jun 2015 by Michael Scanlon, of The Axon Group

Happy sellers in Chicago

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We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 8 bedroom multi families in Chicago

In the last 12 months, 7 eight-bedroom multi families similar to 6620 S Drexel Ave, have been sold.

This represents a 37% increase in eight-bedroom multi families sales when compared to the previous 12 months.

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