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8620 S Drexel Avenue, Chicago, IL 60619
$465,000
8620 S Drexel Avenue, Chicago, IL 60619View this property at 8620 S Drexel Avenue, Chicago, IL 60619
8620 S Drexel AvenueChicagoIL60619
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Property Description
Proud to present a contemporary six-unit multifamily property situated at 8620 S. Drexel Ave in the vibrant Chatham neighborhood of Chicago, IL. Nestled amidst the rich cultural heritage and bustling city life, this property offers a unique blend of comfort, convenience, and style. With its prime location, well-designed units, and a host of amenities, Chatham Oasis presents an ideal opportunity for both residents and investors seeking a thriving urban living experience. This property enjoys a coveted address in the Chatham neighborhood of Chicago, one of the city's most sought-after residential areas. The property is conveniently located on South Drexel Avenue, providing easy access to an array of amenities, including restaurants, shopping centers, parks, and recreational facilities. Its proximity to major transportation arteries allows for seamless travel throughout the city, ensuring residents are well-connected to all that Chicago has to offer. The property is a six-unit multifamily property that combines modern architectural design with functional living spaces. The property features a well-maintained exterior with an inviting entrance and beautifully landscaped surroundings. The units are spread across three levels, offering a variety of floor plans to suit different lifestyle needs
Full Property Details
Full Property Details for 8620 S Drexel Ave
General
- Price: $465,000
- Taxes: $4,826 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11843720
- Updated: 1/25/2024
- Added to Site: 268 day(s) ago
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: 87th Street East to Drexel, North to Property.
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiators
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 3
- Square Feet: 8,544
- Current Bldg. Use: Multi-Family
- Year Built: 1932
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,300
- Lot Dimensions: 6300 SF
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1932
- Tax Amount: $4,826
- Tax Year: 2021
- Tenant Pays: Electricity, Other
Disclosures and Reports
- Property ID: 20353150490000
Listed by Keller Williams ONEChicago
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Schools
Schools serving 8620 S Drexel Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
8505 S Ingleside Ave, Chicago, IL 60619 | PK-8 | 0.2 mi | |
9652 S Michigan Ave, Chicago, IL 60628 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8620 S Drexel Ave
Date
Details
Price
Change
Source
11/16/2023
Price Reduced
$465,000
-7.92%
MLS
9/26/2023
Price Reduced
$505,000
-1.94%
MLS
8/10/2023
Listed
$515,000
106%
MLS
6/10/2021
Sold
$250,000
—
Public Record
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
Tax History for 8620 S Drexel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$4,936
2%
$24,000
—
2021
$4,826
9%
$24,000
20%
2020
$4,442
-2%
$19,942
-12%
2019
$4,553
2%
$22,662
—
2018
$4,477
58%
$22,662
-12%
2017
$2,835
-45%
$25,690
—
2016
$5,145
9%
$25,690
—
2015
$4,708
-9%
$25,690
-8%
2014
$5,179
13%
$27,913
—
2013
$4,598
1%
$27,913
—
2012
$4,561
—
$27,913
—
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 8620 S Drexel Ave
8620 S Drexel Avenue, Chicago, IL 60619 (MLS# 11843720) is a Commercial property. 8620 S Drexel Avenue is currently listed for $465,000 and was received on August 10, 2023. Want to learn more about 8620 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.