6424 S Drexel Ave Chicago, IL 60637

This offering features a portfolio of four multi-family properties, totaling 24 residential units across 35,080 square feet, located in Chicago's Woodlawn neighborhood. The properties are situated at 6424 & 6440 S Ellis Ave, 6517 S. University Ave, and 6537 S. Drexel Ave. The portfolio benefits from exceptional neighborhood visibility and is anchored by a dense population of students, faculty, and medical professionals. The properties are strategically positioned within Woodlawn’s most active residential pocket. The portfolio offers significant upside through strategic capital improvements, professionalized management, and lease-up. The location provides immediate proximity to major arterials, including 63rd Street, Cottage Grove Avenue, and Lake Shore Drive, and is just blocks from the CTA Green Line and University of Chicago south campus. The Woodlawn Residential Portfolio is strategically situated in the heart of Chicago’s South Side, featuring a prime cluster of properties. This portfolio benefits from a dense local population of 36,000 residents and an average household income of $49,000. Each site is located within walking distance of the University of Chicago campus, the Obama Presidential Center, Jackson Park, and Hyde Park, all within three miles, driving consistent demand for high-quality housing in the area. Each property benefits from exceptional connectivity to Chicago’s primary transportation arteries, situated approximately less than one mile east of the interchange of Interstate-94 (I-94) and Interstate-90 (I-90), as well as close walking access to CTA Green Line (Cottage Grove) and Ashland/63rd Station Metra Station. The portfolio is surrounded by Walmart, Lowe's, Home Depot, Jewel-Osco, Aldi, Trader Joe's, McDonald's, Wendy's, and Dunkin' among others, providing strong neighborhood amenities to the local community. The properties consist of a mix of assets.