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$1,466,920
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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.
Full Property Details
Full Property Details for 4043 S Drexel Blvd
General
- Sold For: $1,466,920
- Taxes: $30,057 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12362899
- Added to Site: 311 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
- Operating Expenses: $64,981
- Assessment Year: 2003
- Tax Amount: $30,057
- Tax Year: 2023
Disclosures and Reports
- Property ID: 20021060571003
Listed by Baird & Warner
Sold by HomeSmart Connect LLC
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Schools
Schools serving 4043 S Drexel Blvd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Robinson Elementary School, Chicago, IL 4225 South Lake Park Avenue, Chicago, IL 60653 | PK-3 | 0.4 mi |
Fuller Elementary School 4214 South Saint Lawrence Avenue, Chicago, IL 60653 | PK-3 | 0.4 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4043 S Drexel Blvd
Date
Details
Price
Change
Source
3/04/2026
Sold
$1,466,920
-13.33%
MLS
7/15/2025
Price Increased
$1,692,600
16.73%
MLS
5/13/2025
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4043 S Drexel Boulevard, Chicago, IL 60653 (MLS# 12362899) is a Commercial property that was sold at $1,466,920 on March 04, 2026. 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.

