Contact us: 563.441.1776
Description
Six-unit multifamily property located in the Chatham neighborhood on Chicago's South Side. The property consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units. Each unit features separate living and dining areas. The building includes a detached four-car garage located at the rear of the property. All units are currently occupied. Tenancy is month-to-month. Current rental rates are below prevailing market levels for comparable units in the immediate area. The property is situated within close proximity to neighborhood retail corridors, public transportation options, and major arterial roadways, providing convenient access to downtown Chicago and surrounding employment centers. Asset offers rental growth potential through interior updates and market repositioning.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 7,860
County: Cook
Listed By:
Ware Realty Group, LLC
312-376-1448
MRED MLS
MLS ID: 12580233
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8211 S Drexel Avenue , Chicago, IL 60619.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $449,000 | $449,000 | $449,000 |
| Down Payment | $89,800 | $15,715 | $112,250 |
| Monthly Mortgage Amount | $2,068 | $2,573 | $2,685 |
| Taxes | $625 | $625 | $625 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $197 | $0 |
| Monthly Estimated Total | $2,824 | $3,526 | $3,441 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 03/06/2026. The listing information on this page last changed on 03/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 03/06/2026 1:02:10 AM EST) or MRED MLS (last updated Fri 03/06/2026 12:53:58 AM EST) or SCWMLS (last updated Thu 03/05/2026 11:55:00 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 03/05/2026 10:15:26 PM EST) or Cedar Rapids MLS (last updated Thu 03/05/2026 10:44:25 PM EST) or NEIRBR MLS (last updated Fri 03/06/2026 12:58:51 AM EST) or ICAAR MLS (last updated Thu 03/05/2026 11:37:42 PM EST) or ECIMLS (last updated Thu 03/05/2026 11:44:23 PM EST) or RMLSA (last updated Fri 03/06/2026 1:01:06 AM EST) or Muscatine MLS (last updated Fri 03/06/2026 1:00:34 AM EST) or No Coast MLS (last updated Fri 03/06/2026 12:44:30 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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