x
Showing 1 of 0
X
Save

7900 S Drexel Avenue
Chicago IL 60619 US

$799,000

Active Listing ID 12152196
home icon
Other

$799,000

Active Listing ID 12152196
Save

7900 S Drexel Avenue This newly remodeled mixed-use building presents a unique investment opportunity with 14 income-producing units, comprising 6 residential apartments and 8 retail/office storefronts. Residential Units: Total: 6 units Configuration: (5) 1 bed/1 bath units and (1) 2 bed/1 bath unit Retail/Office Storefronts: Total: 8 units Features: Gas, forced heat, and central air Location & Accessibility The property is conveniently located close to Metra 79th St Station Interstate highway Investment Potential Opportunity Zone: Situated in an Opportunity Zone, this property qualifies for various city grants, providing additional financial incentives for investors. Community and Amenities: With its prime location, ample amenities, and a strong sense of community, this property is poised for consistent occupancy and income generation. Building Condition: The building violations with the City of Chicago have been mostly cleared, with the exception of four violations that the owner is actively working on resolving. 7900 S Drexel Ave is a strategically located, newly remodeled mixed-use asset offering significant income potential and long-term growth. Its residential and commercial units, combined with the benefits of being in an Opportunity Zone, make it an excellent investment for those seeking robust returns in the Chicago real estate market. Don't miss the chance to capitalize on this prime investment opportunity.

Collapse all

Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Rubber

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 799000
  • unparsedaddress: 7900 S Drexel Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60619
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 9952
  • livingareaunits: Square Feet
  • latitude: 41.751153
  • longitude: -87.603103
  • listagentfullname: Anthony Hardy
  • listagentemail: tonyhardy@kw.com
  • listagentkey: 3yd-MREDIL-183383
  • listagentmlsid: 183383
  • listagentpreferredphone: 7735756082
  • listagentofficephone: 3122162422
  • listofficekey: 3yd-MREDIL-87738
  • listagentstatelicense: 475139834
  • listofficemlsid: 87738
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1925
  • listingcontractdate: 2024-08-30
  • listagenturl: http://kwonechicago.com/
  • countyorparish: Cook
  • parcelnumber: 20351010130000
  • constructionmaterials: Brick, Glass
  • numberofunitstotal: 15
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Rubber
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.6031, 41.751152
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Chicago ONEChicago", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tonyhardy@kw.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ONEChicago@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/a3ae8911ddc111e6af690242ac110009/20201209204507927.png", "ListBrokerageName":"Keller Williams Chicago ONEChicago", "ListBrokeragePhone":"(312) 216-2422", "ListBrokeragePostalCode":"60614", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Ste. 104", "ListBrokerageUnparsedAddress":"2211 N. Elston Ave", "ListBrokerageWebsiteUrl":"http://kwonechicago.com/", "ListOfficeAddress1":"2211 N Elston Ave STE 400", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"885685", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"ONEChicago@kw.com", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Apts/Stores - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12152196/?channel=rexren", "MLSModificationTimestamp":"2024-10-21T13:45:01Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Chatham"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":21901, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:08:17 AM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Anthony Hardy, Keller Williams ONEChicago, tonyhardy@kw.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.