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$275,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 14 hours ago
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Well-maintained brick 2-flat located in the desirable East Chatham. Each unit features 3 spacious bedrooms and 1 full bath, offering comfortable living space for owners or tenants alike. The finished basement is duplexed, providing additional living space - perfect for extended family, recreation, or added rental potential. Enjoy rear parking with space for 2 cars and convenient access to expressways and public transportation, making commuting a breeze. A great opportunity for investors or owner-occupants!

Full Property Details for 7948 S Drexel Ave

General

  • Price: $275,000
  • Taxes: $3,294 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12579483
  • Updated: 4/3/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access

Parking

  • Total Spaces: 2
  • Parking Features: Yes, Owned

Location

  • Area: CHI - Chatham
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: Take 79th Street East/West to Drexel. Head South on Drexel to the Address

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1923
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 25 x 125

Financial Considerations

  • Assessment Year: 1923
  • Tax Amount: $3,294.86
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20351010280000

Listed by Real Broker LLC

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Listing agents

— 7948 S Drexel Ave —

  • Real Broker LLC

  • Real Broker LLC

(773) 516-1111

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with our affiliated lender
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 7948 S Drexel Ave

School District:Chicago Public School District 299
NameGradesDistance
Ashe Elementary School
8505 South Ingleside Avenue, Chicago, IL 60619
PK-80.7 mi
Hirsch Metropolitan High School
7740 South Ingleside Avenue, Chicago, IL 60619
9-120.3 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 7948 S Drexel Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/03/2026
Listed
$275,000
1.85%
MLS
6/10/2004
Sold
$270,000
—
Public Record
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 7948 S Drexel Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,743
3%
$13,000
—
2022
$2,674
2%
$13,000
—
2021
$2,614
-2%
$13,000
9%
2020
$2,665
-2%
$11,961
-12%
2019
$2,731
2%
$13,593
—
2018
$2,685
-30%
$13,593
-24%
2017
$3,833
7%
$17,805
—
2016
$3,566
9%
$17,805
—
2015
$3,263
25%
$17,805
27%
2014
$2,609
2%
$14,060
—
2013
$2,557
1%
$14,060
—
2012
$2,523
—
$14,060
—
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.

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NMLS#: 1598647

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7948 S Drexel Avenue, Chicago, IL 60619 (MLS# 12579483) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 7948 S Drexel Avenue is currently listed for $275,000 and was received on April 03, 2026. Want to learn more about 7948 S Drexel Avenue? Do you have questions about finding other Multi-Family real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

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