Five-Unit Apartment Building with
New
For Sale
$2,150,000
3967 S Drexel Boulevard, Chicago, IL 60653
Five full-floor residences feature private terraces, direct elevator access to most units, and a nine-car garage.
Property SizeContact for details
Days on Market6
Property Features for 3967 S Drexel Boulevard
General Information
Standard status
Active
Total Parking Spaces
9
Elevators
Yes
Property subtype
MULTI_FAMILY
Net Operating Income
$141,525
Financials
Cap Rate
6.5%
Gross Income
$213,045
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$18,024
Amenities
botanical gardens
laundry center
Building Details
Year Built
1900
Buildings
1
Stories
5
Construction
Gothic Greystone
Listing Agency:
North Clybourn Group, Inc.
Listed By:
Karen Biazar · License #471003309
(773) 645-7900
Source:
Dawnmckennagroup
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 13 at 3:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Clybourn Group, Inc.
Investment Insights
Based on property information with market context.
Built in 1900, this five-unit apartment building contains full-floor residences with 3–4 bedrooms and 2–3 bathrooms each. An elevator opens directly into most apartments, and oversized rear terraces extend the living areas outdoors. Interior features include hardwood floors, high ceilings, gourmet kitchens, primary suites with spa-style bathrooms, and in-unit laundry centers. The building also has a formal lobby and a nine-car garage, including two tandem spaces.
The property has 70 feet of frontage on S Drexel Boulevard in Chicago. Mandrake Park is within a quarter block, and the lakefront is a five-minute walk away. Landscaped grounds include specimen trees and shrubs, with irrigation controlled by app.
The property has 70 feet of frontage on S Drexel Boulevard in Chicago. Mandrake Park is within a quarter block, and the lakefront is a five-minute walk away. Landscaped grounds include specimen trees and shrubs, with irrigation controlled by app.
Key Highlights
- Five full‑floor residences, each with 3–4 bedrooms and 2–3 bathrooms
- Elevator access directly into most apartments
- Oversized rear terraces and 70 feet of frontage on S Drexel Boulevard
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five full-floor residences feature private terraces, direct elevator access to most units, and a nine-car garage.
Where is this apartment building located?
The property is located at 3967 S Drexel Boulevard Chicago, IL.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Five full‑floor residences, each with 3–4 bedrooms and 2–3 bathrooms; Elevator access directly into most apartments; Oversized rear terraces and 70 feet of frontage on S Drexel Boulevard
