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$275,000
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Property Description
BACK ON MARKET, NO FAULT OF SELLER! Previous buyer's financing fell through after they were unable to obtain their anticipated grant. Don't miss another opportunity to own this spacious brick 2-flat in Chicago's Chatham community. Offering 6 bedrooms and 2 full bathrooms, each unit features 3 bedrooms and 1 bath, making this a great option for an owner-occupant or investor. The finished basement provides additional flexible living and recreational space.The property has received numerous improvements in 2026, including a newly resealed roof (July 2026), fresh interior paint (July 2026), new bathroom sinks in both units (July 2026), front, side and rear tuckpointing, chimney tuckpointing and repairs, newly stained and sealed second-floor hardwood floors (March 2026), repaired and reinforced hallway stairs, water heater repairs with new hardware, plumbing repairs including resolution of basement leaks, and drywall repairs with fresh paint.Rear parking provides space for 2 vehicles. Conveniently located near public transportation, neighborhood schools, shopping and everyday amenities. The 79th Street Chatham Metra Electric station is nearby, providing rail service toward downtown Chicago, while neighborhood grocery options include ALDI. Schedule your showing today and take another look at everything this property has to offer!
Full Property Details
Full Property Details for 7948 S Drexel Ave
General
- Sold For: $275,000
- Taxes: $3,294 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12761752
- Added to Site: 52 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 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
- Driving Directions: Take 79th Street East/West to Drexel. Head South on Drexel to the Address
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20351010280000
Listed by Real Broker LLC
Sold by EXIT Strategy Realty
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Schools
Schools serving 7948 S Drexel Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ashe Elementary School 8505 South Ingleside Avenue, Chicago, IL 60619 | PK-8 | 0.7 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 0.3 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
Date
Details
Price
Change
Source
10/09/2026
Sold
$275,000
—
MLS
9/16/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7948 S Drexel Avenue, Chicago, IL 60619 (MLS# 12761752) is a Multi-Family property that was sold at $275,000 on October 09, 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.
