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$1,692,600 Contingent

  • For Sale
  • Contingent
  • Commercial
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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.

Full Property Details for 4043 S Drexel Blvd

General

  • Price: $1,692,600
  • HOA FEE: $5,000
  • Taxes: $30,057 (2023)
  • Status: Contingent
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12362899
  • Updated: 1/7/2026
  • Added to Site: 254 day(s) ago

Location

  • Area: CHI - Oakland
  • County: Cook
  • Driving Directions: I94 to 43rd. 43rd St to Drexel

Heating & Cooling

  • Heating Type: Forced Air, Gas

Structural Information

  • Stories/Levels: 4
  • Year Built: 2003

Lot Features

  • Lot Dimensions: 178 x 69

Financial Considerations

  • Maint. Fee: $5,000
  • Insurance Fee: $4,032
  • Operating Expenses: $64,981
  • Assessment Year: 2003
  • Tax Amount: $30,057
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 20021060571003

Listed by Baird & Warner and Real Broker LLC

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Listing agents

— 4043 S Drexel Blvd —

  • Baird & Warner

  • Real Broker LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4043 S Drexel Blvd

School District:Chicago Public School District 299
NameGradesDistance
Robinson Elementary School, Chicago, IL
4225 South Lake Park Avenue, Chicago, IL 60653
PK-30.4 mi
Fuller Elementary School
4214 South Saint Lawrence Avenue, Chicago, IL 60653
PK-30.4 mi
Phillips Academy High School
244 East Pershing Road, Chicago, IL 60653
12-110.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4043 S Drexel Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/15/2025
Price Increased
$1,692,600
16.73%
MLS
5/13/2025
Listed
$1,450,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4043 S Drexel Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,598
3%
$16,999
—
2022
$3,507
2%
$16,999
—
2021
$3,429
54%
$16,999
70%
2020
$2,222
1%
$9,975
-9%
2019
$2,210
2%
$10,999
—
2018
$2,173
6%
$10,999
16%
2017
$2,044
7%
$9,494
—
2016
$1,902
9%
$9,494
—
2015
$1,740
-5%
$9,494
-3%
2014
$1,825
-8%
$9,837
-9%
2013
$1,973
-18%
$10,849
-19%
2012
$2,395
—
$13,347
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4043 S Drexel Blvd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Baird & Warner and Real Broker LLC

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4043 S Drexel Boulevard, Chicago, IL 60653 (MLS# 12362899) is a Commercial property. 4043 S Drexel Boulevard is currently listed for $1,692,600 and was received on May 13, 2025. Want to learn more about 4043 S Drexel Boulevard? Do you have questions about finding other Commercial real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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