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Brick Duplex with Finished Basement
For Sale
$275,000
Pending

7948 S Drexel Ave, Chicago, IL 60619

Brick two-flat offers finished basement space, rear parking, and access to expressways and public transportation.

Property SizeContact for details
Days on Market165

Property Features for 7948 S Drexel Ave

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Building Details

Year Built 1923
Construction brick
Listing Agency: Real Broker LLC
Listed By: Rafay Qamar (773) 516-1111 · License #475158420
Source: Illianahomesource
Added: Mar 21 Changed: Aug 30 Last Checked: Aug 25 at 6:54AM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

Built in 1923, this brick duplex at 7948 S Drexel Avenue in Chicago contains two residential units, each with 3 bedrooms and 1 full bath. The finished basement is duplexed, adding usable interior space beyond the primary units.

Rear parking accommodates 2 cars, while nearby expressways and public transportation provide commuting access. The configuration supports either owner occupancy or rental use, with additional basement space available for extended household needs, recreation, or rental potential.

Key Highlights

  • Two residential units, each with 3 bedrooms and 1 full bath
  • Finished basement is duplexed for additional living space
  • Brick construction; built in 1923

Property Analytics

Current Use

Shelby Construction Construction Company

Suggested Use

Top Pick Kitchen & Bath Showroom Law Firm Gym & Fitness Center Skin Care Clinic Plumbing Service Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,440
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Brick two-flat offers finished basement space, rear parking, and access to expressways and public transportation.
Where is this duplex located?
The property is located at 7948 S Drexel Ave Chicago, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two residential units, each with 3 bedrooms and 1 full bath; Finished basement is duplexed for additional living space; Brick construction; built in 1923
More about this property
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