13-Unit Renovated Apartment
For Sale
Contact for pricing
7626 S Drexel Ave, Chicago, IL 60619
Gut-renovated walk-up with updated kitchens, bathrooms, windows, and individual furnaces.
Property SizeContact for details
Days on Market143
Property Features for 7626 S Drexel Ave
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$117,491
Units
Unit Mix
9 x 2bd/1ba, 3 x 3bd/1ba, 1 x 5bd/1ba
Multifamily Units
13
Additional Details
Gross Income
$161,127
Building Details
Year Renovated
2017
Listing Agency:
Blue Door Dave Real Estate
Listed By:
Tameka Mcclellon · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 12:54PM
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 Blue Door Dave Real Estate
Investment Insights
Based on property information with market context.
This 13-unit walk-up apartment building received a comprehensive renovation in 2017, including structural and foundational work. The unit mix includes nine 2-bedroom/1-bath units, three 3-bedroom/1-bath units, and one 5-bedroom/1-bath unit. Interior improvements include granite-countertop kitchens, updated bathrooms, modern fixtures and appliances, and high-efficiency individual furnaces.
Building upgrades extend to the electrical system, porches, windows, and plumbing, which is 100% copper. The property is located at 7626 S. Drexel Ave in Chicago’s Grand Crossing neighborhood. Management is already in place, providing an established operational setup for the property.
Building upgrades extend to the electrical system, porches, windows, and plumbing, which is 100% copper. The property is located at 7626 S. Drexel Ave in Chicago’s Grand Crossing neighborhood. Management is already in place, providing an established operational setup for the property.
Key Highlights
- 13‑unit apartment building renovated in 2017
- Unit mix: 9 two‑bedroom/1‑bath, 3 three‑bedroom/1‑bath, and 1 five‑bedroom/1‑bath units
- High‑efficiency individual furnaces installed in each unit
Property Analytics
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
1,163
Businesses Nearby
Explore this area
Business Placement
Demographics for 60619, IL
63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
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 - Gut-renovated walk-up with updated kitchens, bathrooms, windows, and individual furnaces.
Where is this apartment building located?
The property is located at 7626 S Drexel Ave Chicago, IL.
What are key features of this property?
This property features: 13‑unit apartment building renovated in 2017; Unit mix: 9 two‑bedroom/1‑bath, 3 three‑bedroom/1‑bath, and 1 five‑bedroom/1‑bath units; High‑efficiency individual furnaces installed in each unit
