4043 South Drexel, Chicago IL 60653
$1,450,000

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Property Description

Exceptional 2006-built 8-units located in the heart of the rapidly appreciating Bronzeville neighborhood. This well-maintained, elevator building features eight spacious units available with separate utilities, ensuring ease of management and lower operating costs. Investors will appreciate the 8 exterior parking spaces, plus a garage space, offering ample tenant parking-a rare find in the area. Positioned for long-term growth, the property is steps from public transit, major expressways, and minutes to the lakefront, making it highly desirable for tenants. Strong rental income and an 8 cap rate make this an ideal addition to any portfolio.

Features & Information

Key Details

  • List Price $1,450,000
  • Property Taxes $30,057
  • Price/ Sq. Ft. Unavailable
  • Year Built 2003
  • Status New

Building Information

  • Age of Building 16-25 Years
  • Heating & Cooling Forced Air, Gas

Location

  • County Cook
  • Directions to Property I94 To 43rd. 43rd St To Drexel
  • Property Taxes

  • Tax 30057
  • Parcel Identification Number 20021060571003

Based on information submitted to the MLS GRID as of 5/13/2025 5:02 PM. 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 Oakland

Once an elegant, Victorian-style suburb on Chicago's south side, Oakland neighborhood is making a strong comeback to reclaim its status as a prominent and flourishing community. Today, many of Oakland's quiet residential streets are sprouting manicured lawns with newly built single-family homes and multi-unit constructions. Full-on neighborhood revitalization is spearheaded by enthusiastic local organizations and community centers that have set up educational and recreational programs for Oakland residents of all ages and interests. Sports teams, exercise classes, head start pre-school curriculums, financial workshops, computer courses and networking events are all available to the public.

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