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    9245 S Drexel Ave Chicago, IL 60619

    New
    Under Contract
    For Sale
    Contact for pricing

    Land - Chicago, IL

    Days on Market:
    5
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 9245 S Drexel Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    25023100150000

    Building Details

    Architectural style
    Other

    Select A Fee Real Estate System & Rentals (708) 466-4093 [email protected]

    Listing agent Edrick Salomon (312) 421-1000 License #475138651

    Listing date Dec 1, 2025

    MLS# 12215967 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

    Residential Lot in Chicago

    This is a spacious lot situated on a residential block in Chicago, Illinois. The property offers considerable potential for various uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.600595
    Latitude
    41.726279

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    FAQs

    What type of property is this?
    Residential land & home lot - Spacious residential lot with potential in Chicago, Illinois.
    Where is this residential land & home lot located?
    The property is located at 9245 S Drexel Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $12,000.
    What are key features of this property?
    This property features: - Spacious lot offering ample possibilities.; - Located on a quiet residential block.; - Lots of potential to create your dream space.
    (312) 421-1000
    Request Owner's contact information
    9245 S Drexel Ave Chicago, IL 60619
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    Chicago, IL 60619
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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
    9245 S Drexel Ave Chicago, IL 60619
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