8500 South Drexel Avenue

Off Market

8500 South Drexel Avenue

Chicago IL 60619

Multi-Family

Last sold for $296,000

Jazmine Tobias, last sold this property on 18 November 2022 after 127 days on market.

Overview

Long time owners are ready to sell this nice and VERY WELL KEPT two-unit property. Nestled on a charming block in Chatham this well-maintained, brick two-unit building is awaiting its new owners. The first-floor unit features a three bedroom one bathroom with modern updates in the bathroom. The dining and living room features the original wood flooring throughout. With access to the full basement where you will find the laundry hook up and HVAC. The second-floor unit features a three bedroom and one bathroom with similar finishes to the first floor. This unit has long-term tenants allowing a new investor to come right in and collect income. Located minutes away from Simeon Career Academy High School, Jewels, and the famous Garrett Popcorn Shop. This is an awesome property filled with opportunity. Tenants on the second floor lease expires 3/23

Features

6 bedrooms

2 bathrooms

2 carspaces

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 8500 South Drexel Avenue is $341k.

Median value

$341k

Estimated value range

$82k - $525k

Median days on market

Estimated value trend

22%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8500 South Drexel Avenue

2022

Sold

$296,000

18 Nov 2022 by Jazmine Tobias, of Coldwell Banker Realty

Happy sellers in Chicago

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 6 bedroom multi families in Chicago

In the last 12 months, 40 six-bedroom multi families similar to 8500 South Drexel Avenue, have been sold.

This represents a 2% decrease in six-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Chicago for a market analysis.

Shari Johnson

at RAMM Real Estate Group

(17 reviews)

Get a market analysis

Sebastian J Hernandez

at Baird & Warner

(112 reviews)

Get a market analysis

Dominique Dixon

at Coldwell Banker Realty

(3 reviews)

Get a market analysis

Rollie Jones

at Century 21 S.G.R., Inc.

(9 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Chicago

Shari Johnson

Shari Johnson is an award winning recommended agent for Chicago. They have 1 local sale and collected 1 local review across the last 12 months.

5 (17 reviews)
1 Review in Chicago
1 Sale in Chicago

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Sebastian J Hernandez

Sellers who recommend Sebastian J Hernandez have praised them for being clear communication, responsive, local expert, patient, reliable, supportive, and attentive