5-Unit Apartment Building with
New
For Sale
$2,150,000
3967 S Drexel Boulevard, Chicago, IL 60653
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.20 Acres
Days on Market3
Property Features for 3967 S Drexel Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
16
Bathrooms
11
Full bathrooms
11
Rooms
Bathroom 2, Bathroom 11, Bedroom 15, Bathroom 3, Bedroom 16, Bathroom 6, Bedroom 2, Bedroom 13, Basement, Bedroom 8, Bedroom 1, Bedroom 5, Bathroom 10, Bedroom 12, Bedroom 6, Bathroom 7, Bathroom 5, Bedroom 4, Bathroom 9, Bedroom 3, Bedroom 10, Bathroom 4, Bedroom 11, Bathroom 8, Bedroom 14, Bedroom 9, Bathroom 1, Bedroom 7
Fireplace
1
Basement
Finished
Directions
Oakwood to Drexel N to Property on E side of the Blvd
Subdivision
CHI - Oakland
Standard status
Active
APN
20021020580000
Lot size
0.20 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
18024
Utilities
Utilities
Water Available
Cooling system
Central Air
Amenities
formal lobby
laundry center
exotic botanical gardens
Building Details
Year built
1900
Floors in Building
5
Number of units
5
Building materials
Brick, Stone, Limestone
Buildings
1
Listing Agency:
North Clybourn Group, Inc.
Listed By:
Karen Biazar · License #471003309
(773) 252-0600
Added: Nov 4
Last Checked: Nov 6 at 1:06PM
MLS# 12801777
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This 1900-built apartment property contains five full-floor residences, each configured with three or four bedrooms and two or three bathrooms. An elevator opens into most units. Interior features include hardwood floors, fireplaces, gourmet kitchens, and central air conditioning. Oversized rear terraces extend the living areas, and the landscaped grounds include irrigated botanical gardens. A nine-car garage, including two tandem spaces, is on site.
The property fronts Drexel Boulevard, within one-quarter block of Mandrake Park and a five-minute walk from the lakefront. It is zoned MULTI and occupies 0.2009 acres. The reported capitalization rate is 6.5%.
The property fronts Drexel Boulevard, within one-quarter block of Mandrake Park and a five-minute walk from the lakefront. It is zoned MULTI and occupies 0.2009 acres. The reported capitalization rate is 6.5%.
Key Highlights
- Five full‑floor apartments, each with 3‑4 bedrooms and 2‑3 bathrooms
- 70 feet of frontage on Drexel Boulevard
- 9‑car garage, including 2 tandem spaces
Property Analytics
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Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
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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
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Market
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Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Full-floor residences include private terraces, with a landscaped garden and garage serving the property.
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 apartments, each with 3‑4 bedrooms and 2‑3 bathrooms; 70 feet of frontage on Drexel Boulevard; 9‑car garage, including 2 tandem spaces
