6347 South Drexel, Chicago IL 60637
- Units 3
- Total Beds 8
- Total Baths 3
- Taxes $4,658.19
- Payment Estimate View Mortgage Calculator
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Property Description
$15,000 seller credit and a low interest rate! A Greystone rebuilt with permits in vibrant Woodlawn. This 2023 gut-rehab blends historic elegance with modern upgrades. Potential rental income of up to $6,000/month. With the seller's credits you can reduce your mortgage payment to around $4,000, offering up to a potential $2,000 in monthly profit. The property features tall ceilings, hardwood floors, and condo-quality finishes like quartz countertops, shaker cabinets, and stainless steel appliances. Each unit has in-unit laundry and oversized decks. The first-floor includes a 2 bed/1 bath setup and is duplexed down with $60K in structural basement enhancements, providing future living space potential. Updates include new electrical, plumbing, main water line, main sewer line, and a 2-car garage. Located steps from the 63rd Green Line, near the University of Chicago, and close to the Obama Presidential Center, Hyde Park, and the lakefront. A unique opportunity to own a turnkey multi-unit in one of Chicago's most dynamic neighborhoods.
Features & Information
Key Details
- List Price $745,000
- Property Taxes $4,658.19
- Price/ Sq. Ft. Unavailable
- Year Built 1892
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 27
- Basement F
Exterior Features
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Parking
- Parking Details Garage
- # of Cars: 2
- # of Garage Spaces: Garage Door Opener(s),Transmitter(s)
Building Information
- Number of Units 3
- Age of Building 100+ Years
- Exterior Construction Brick,Stone
- Foundation Brick,Concrete
- Heating & Cooling Gas, Forced Air
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Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
- Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
- Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property Travel West On E 63rd St Turn Left To S. Maryland Ave. Turn Left To E. 64th St. Turn Left To S Drexel Ave To Property.
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Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4658.19
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 20231040110000
Utilities
- Sewer Sewer-Publ
Listed by: Compass | Phone: 312.319.1168
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/21/2025 1:32 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 Woodlawn
This south side Chicago neighborhood is home to an idyllic golf course, two yacht clubs and a lovely public beach. Woodlawn's residents enjoy a community conveniently located near recreational parks, the scenic lakefront, and the bustling University of Chicago campus. The area has all types of real estate where folks from all walks of life happily make their home. Affordable detached houses with private yards and their own garage give families enough room to grow, and condominiums are great properties for students, couples and young families just starting out. A number of schools and academies are situated in Woodlawn, giving homeowners plenty of options for their children's education, without straying too far from home.
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