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    4043 S Drexel Blvd Chicago, IL 60653

    For Sale
    $1,692,600

    Commercial Sale - Chicago, IL

    Days on Market:
    42
    Last Refresh:
    Dec 13 at 12:06 am

    Property Features for 4043 S Drexel Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    20021060571003

    Building Details

    Year built
    2003
    Number of units
    8
    Architectural style
    Other

    Dream Town Realty (312) 265-8000 [email protected]

    Listing agent Loreal Urso (312) 265-8000 License #475168893

    Listing date Nov 2, 2025

    MLS# 12362899 Listing URL

    Copyright © 2025 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.

    Overview

    Bronzeville Multifamily Investment Opportunity

    This is an exceptional 8-unit building constructed in 2006, situated in the rapidly appreciating Bronzeville neighborhood. The well-maintained building features an elevator and eight spacious units. The units have separate utilities. There are 8 exterior parking spaces, plus a garage space. The property is positioned for long-term growth and is located steps from public transit and major expressways, and minutes from the lakefront. The property is intended for use as a residential income property. The property has a strong rental income and an 8 cap rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    4043 S Drexel ... Condominium Complex

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6041537
    Latitude
    41.8204025

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 8-unit building in appreciating Bronzeville neighborhood.
    Where is this apartment building located?
    The property is located at 4043 S Drexel Blvd Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,692,600.
    What are key features of this property?
    This property features: - Strong rental income and an 8 cap rate, making it an ideal investment.; - Eight exterior parking spaces plus a garage space, providing ample tenant parking.; - Elevator building with eight spacious units.
    (312) 265-8000
    Request Owner's contact information
    4043 S Drexel Blvd Chicago, IL 60653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4043 S Drexel Blvd Chicago, IL 60653
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