Luxury Five-Unit Apartment
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 Market1
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
Bedroom 8, Bathroom 6, Bedroom 13, Bedroom 1, Bathroom 2, Bedroom 16, Bedroom 7, Bathroom 5, Bedroom 9, Bathroom 1, Bathroom 8, Bathroom 11, Bedroom 15, Bathroom 7, Bedroom 6, Bedroom 11, Bathroom 9, Bedroom 10, Bedroom 5, Basement, Bathroom 4, Bedroom 2, Bathroom 10, Bedroom 14, Bedroom 12, Bedroom 4, Bedroom 3, Bathroom 3
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
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
18024
Utilities
Utilities
Water Available
Cooling system
Central Air
Amenities
botanical gardens
Building Details
Year built
1900
Floors in Building
5
Number of units
5
Building materials
Brick, Stone, Limestone
Listing Agency:
North Clybourn Group, Inc.
(773) 252-0600
Listed By:
Karen Biazar · License #471003309
(773) 645-7900
Added: Oct 8
Last Checked: Oct 8 at 10:06PM
MLS# 12780789
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.
Investment Insights
Based on property information with market context.
Built in 1900, this five-residence apartment property occupies a 0.2009-acre site with 70 feet of frontage on Drexel Boulevard. The building combines brick, stone, and limestone construction with central air and a fireplace. Each residence spans a full floor and has three or four bedrooms and two or three bathrooms. In most apartments, the elevator opens into a private foyer. Interior features include hardwood floors, a fireplace, gourmet kitchens, and primary suites with spa-style bathrooms. Oversized rear terraces, curated gardens, and a nine-car garage, including two tandem spaces, complete the property. Zoning is MULTI.
The property is near Mandrake Park, within 1/4 block, and a five-minute walk from the lakefront. The listing describes longer-term tenants and provides a stabilized occupancy characterization.
The property is near Mandrake Park, within 1/4 block, and a five-minute walk from the lakefront. The listing describes longer-term tenants and provides a stabilized occupancy characterization.
Key Highlights
- Five full‑floor residences, each with 3–4 bedrooms and 2–3 bathrooms
- Elevator access opens directly into private foyers in most apartments
- Nine‑car garage, with two of the spaces configured tandem
Property Analytics
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Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
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
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 pair private terraces and elevator access with landscaped grounds and on-site garage parking.
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 opens directly into private foyers in most apartments; Nine‑car garage, with two of the spaces configured tandem
