4627 S Drexel Blvd Chicago, IL 60653
35-unit building in historic North Kenwood neighborhood.
Type:Multifamily
Property size:
42,300 SF- Added:
- Feb 23, 2026
- Days on Market:
- 37
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 4627 S Drexel Blvd
General Information
- Standard status
- Active
- Size
- 42,300 SF
- Property subtype
- Multifamily
Listing agent Noah Birk License #IL 475.125864
Listing office Kiser Group
Listing date Feb 23, 2026
Source Crexi
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 Kiser Group
Overview
North Kenwood Multifamily Investment Opportunity
Located on a quiet, tree-lined street in Chicago's historic North Kenwood neighborhood, this thirty-five (35) unit building at 4627 S. Drexel offers a desirable unit mix. The property is comprised of three (3) 1Bd/1Ba units, three (3) 2Bd/1Ba units, four (4) 2Bd/2Ba, and twenty-five (25) 3Bd/2Ba units. The units are spacious and have undergone extensive renovations, typically including hardwood floors, stainless steel appliances, individual laundry units, and furnaces. The property is situated in a premier location, just blocks away from Lake Michigan and Williams-Davis Park, providing easy access to S. Lake Shore Dr. and Chicago's downtown. This stabilized, cash-flowing asset is located in a rapidly appreciating neighborhood.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6033685
- Latitude
- 41.8104476
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 35-unit building in historic North Kenwood neighborhood.
Where is this apartment building located?
The property is located at 4627 S Drexel Blvd Chicago, IL.
What is the asking price?
The asking price for this property is $8,675,000.
What are key features of this property?
This property features: High In‑Place Returns: Enjoy an **8% cap rate and 9.87% cash return** from day one.; Stabilized, Cash‑Flowing Asset: Provides immediate income and financial security.; Desirable Unit Mix: Features spacious, renovated 1, 2, and 3‑bedroom units.
