8425 S Drexel Avenue, Chicago, IL 60619 - Photo 1

1/1

$435,000

Sold
Closed
Commercial

1/1

Property Description

Discover an exceptional opportunity in vibrant Chatham! This brick legal residential 6-flat, is an amazing opportunity for investment. The fully occupied building has three 1 bedroom and three 2 bedrooms. Ample living rooms, dining rooms, kitchens and closet spaces. Double lot. Radiator heat. Lots of light and hardwood floors under carpet. The building needs some cosmetic work. Five car brick garage could produce additional income. Strictly As-Is and 100 percentage tax proration. Easy access to buses, stores, restaurants and I94 highway. A tremendous opportunity, big potential for an investor. Don't miss seeing this one.

Full Property Details

Full Property Details for 8425 S Drexel Ave

General

Sold For: $435,000
Taxes: $4,853 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12437189
Added to Site: 165 day(s) ago

Location

Area: CHI - Chatham
County: Cook
Driving Directions: Take East 87th Street, Turn left onto S Cottage Grove Ave. Turn right onto 84th Street, turn right onto S Drexel Ave

Heating & Cooling

Heating Type: Radiators

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished
Stories/Levels: 3
Year Built: 1928
Built Before 1978: Yes

Lot Features

Lot Dimensions: 8265

Financial Considerations

Operating Expenses: $43,348
Assessment Year: 1928
Tax Amount: $4,853
Tax Year: 2023
Tenant Pays: Electricity

Disclosures and Reports

Property ID: 20353060060000

Listed by Vision Real Estate II Inc
Sold by Illinois Real Estate Partners Inc

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— 8425 S Drexel Ave —

Vision Real Estate II Inc

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Schools

Schools serving 8425 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	0.1 mi
Harlan Community Academy High School 9652 South Michigan Avenue, Chicago, IL 60628	9-12	1.9 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 8425 S Drexel Ave

Date

Details

Price

Change

Source

12/12/2025

Sold

$435,000

-3.33%

MLS

8/04/2025

Listed

$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.

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Just Listed

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Active
Updated 3 days ago

4
Beds
2
Total Baths
1,381
Sq. Ft.

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-$10,000 (-3.23%)

$299,900

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3
Total Beds

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Price Reduced

-$6,000 (-1.35%)

$439,900

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Multi-Family
Active
Updated 11 hours ago

5
Total Beds

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Price Reduced

-$2,000 (-0.73%)

$272,900

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Single Family
Active
Updated 3 hours ago

4
Beds
2
Total Baths
1,700
Sq. Ft.

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$649,000

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Sold

$435,000

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Commercial
Closed

6,600
Sq. Ft.

Listed by Jonathan Williams

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Sold

$410,000

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Multi-Family
Closed

6
Total Beds

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Sold

$435,000

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Multi-Family
Closed

9
Total Beds

Listed by Pamela Greer

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Sold

$398,000

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Multi-Family
Closed

5
Total Beds

8425 S Drexel Avenue, Chicago, IL 60619 (MLS# 12437189) is a Commercial property that was sold at $435,000 on December 12, 2025. Want to learn more about 8425 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.

8425 S Drexel Ave Chicago, IL 60619