Date
Details
Price
Change
Source
3/02/2026
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 8211 S Drexel Ave
General
- Price: $449,000
- Taxes: $5,064 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12580233
- Updated: 3/2/2026
- Added to Site: 1 day(s) ago
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: From Cottage Grove - North or South to Cottage Grove to 82nd Street (one way going East) to Drexel then to address
- Location Details: In City Limits
Heating & Cooling
- Cooling Type: None
- Heating Type: Central Building Heat, Radiators
Utilities
- Trash: 5651
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Brick/Mortar
- Roof: Tar/Gravel
- Stories/Levels: 3
- Square Feet: 7,860
- Current Bldg. Use: Multi-Family
- Year Built: 1928
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,552
- Lot Dimensions: 44.4 x 125
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $8,560
- Operating Expenses: $35,151
- Assessment Year: 1928
- Tax Amount: $5,064
- Tax Year: 2024
- Tenant Pays: Electricity
- Pays Electric: 600
- Pays Trash: 5651
Disclosures and Reports
- Documents Avail.: Rent Roll, Tax Bill
- Property ID: 20351220030000
Listed by Ware Realty Group, LLC
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Listing agent
— 8211 S Drexel Ave —
Ware Realty Group, LLC
NMLS#: 1598647
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Schools
Schools serving 8211 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 | 0.4 mi |
Hirsch Metropolitan High School 7740 South Ingleside Avenue, Chicago, IL 60619 | 9-12 | 0.6 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 8211 S Drexel Ave
Tax History
Tax History for 8211 S Drexel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,064
3%
$24,000
—
2022
$4,936
2%
$24,000
—
2021
$4,826
21%
$24,000
34%
2020
$3,991
-2%
$17,917
-12%
2019
$4,091
2%
$20,361
—
2018
$4,022
-27%
$20,361
-20%
2017
$5,473
7%
$25,422
—
2016
$5,092
9%
$25,422
—
2015
$4,658
-7%
$25,422
-6%
2014
$4,994
2%
$26,917
—
2013
$4,896
1%
$26,917
—
2012
$4,830
—
$26,917
—
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
Estimate the Cost for 8211 S Drexel Ave
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- Single Family
- Active
- Updated 5 hours ago
- 4Beds
- 2Total Baths
- 1,152Sq. Ft.
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- Single Family
- Active
- Updated 19 hours ago
- 3Beds
- 2Total Baths
- 3,241Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 2Total Baths
- 1,786Sq. Ft.
- Condo / Townhouse
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,775Sq. Ft.
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8211 S Drexel Avenue, Chicago, IL 60619 (MLS# 12580233) is a Commercial property. 8211 S Drexel Avenue is currently listed for $449,000 and was received on March 02, 2026. Want to learn more about 8211 S Drexel Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.