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Brick 2-Unit Duplex with Finished Basement
For Sale
$275,000

7948 S Drexel Avenue, Chicago, IL 60619

Two three-bedroom residences share a building with additional finished basement space and rear parking.

Property SizeContact for details
Days on Market20

Property Features for 7948 S Drexel Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $3,294

Building Details

Year Built 1923
Listing Agency: Real Broker LLC
Listed By: Rafay Qamar · License #475158420
Source: Dawnmckennagroup
Added: Sep 16 Changed: Sep 30 Last Checked: Oct 4 at 4:41PM

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.

This 1923 brick duplex contains two residences, each with three bedrooms and one full bathroom, for a total of six bedrooms and two full bathrooms. The finished basement adds flexible living and recreational area. Improvements completed in 2026 include roof resealing, interior painting, replacement bathroom sinks in both units, tuckpointing at the front, sides, rear, and chimney, hardwood-floor refinishing on the second level, hallway stair reinforcement, water-heater work, plumbing repairs, and drywall repairs with new paint.

Rear parking accommodates two vehicles. The property is near public transportation, neighborhood schools, shopping, and everyday services. The 79th Street Chatham Metra Electric station offers rail service toward downtown Chicago, and ALDI is among the nearby grocery options.

Key Highlights

  • Two‑unit brick duplex built in 1923
  • Six bedrooms and two full bathrooms; each residence has 3 bedrooms and 1 bath
  • Finished basement provides additional living and recreational space

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Two three-bedroom residences share a building with additional finished basement space and rear parking.
Where is this duplex located?
The property is located at 7948 S Drexel Avenue 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‑unit brick duplex built in 1923; Six bedrooms and two full bathrooms; each residence has 3 bedrooms and 1 bath; Finished basement provides additional living and recreational space
More about this property
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