8418 South Drexel, Chicago IL 60619
$449,900

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Property Description

Welcome to Your Next Investment in East Chatham! Here's a great opportunity to own a cash-flowing 3-flat in Chicago's East Chatham neighborhood! With two vacant units featuring brand-new appliances, this property is perfect for investors or live-in owners. Each spacious unit offers 4 bedrooms, 1 bathroom, and has been recently updated with new kitchens, baths, flooring, mechanicals, and more. Located near METRA, CTA, shopping, and dining. Recent electrical, HVAC, and plumbing updates have also been completed. Schedule your showing today - this one won't last!

Features & Information

Key Details

  • List Price $449,900
  • Property Taxes $3,586.41
  • Price/ Sq. Ft. Unavailable
  • Year Built 1924
  • Parking Type Space/s
  • Status New

Rooms

  • Total Rooms 18
  • Basement F

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Foundation Concrete
  • Heating & Cooling Gas
  • Units

  • Unit 1 None
  • Unit 2 None
  • Unit 3 None

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property Head East Or West On 83rd Street Toward Drexel, Turn South And Proceed To Property.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 3586.41
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20353050300000

Utilities

  • Sewer Sewer-Publ

Listed by Latrease Davenport for PIP Realty Group | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/30/2025 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Chatham

A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.

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