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8211 S Drexel Avenue Chicago, IL 60619

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For Sale
$449,000

Six-unit property in Chicago's Chatham neighborhood with rental upside.

Type:Multifamily
Added:
Mar 1, 2026
Days on Market:
31
Last Refresh:
Mar 16 at 2:03 pm

Property Features for 8211 S Drexel Avenue

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1928

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Listing Contact
Sarah Ware

Listing agent Sarah Ware License #IL

Listing office Ware Realty Group, LLC

Listing date Mar 1, 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 Ware Realty Group, LLC


Overview

Chatham Multifamily Investment Opportunity

This six-unit multifamily property is located in the Chatham neighborhood on Chicago's South Side. The unit mix consists of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units, each featuring separate living and dining areas. A detached four-car garage is located at the rear of the property. All units are currently occupied with month-to-month tenancy. The property's location provides convenient access to downtown Chicago and surrounding employment centers via neighborhood retail corridors, public transportation, and major arterial roadways. The asset offers rental growth potential through interior updates and market repositioning, as current rental rates are below prevailing market levels for comparable units in the immediate area.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6022468
Latitude
41.7454732

FAQs

What type of property is this?
Apartment building - Six-unit property in Chicago's Chatham neighborhood with rental upside.
Where is this apartment building located?
The property is located at 8211 S Drexel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Six‑unit multifamily property in Chicago's Chatham neighborhood; Consists of three 1‑bedroom/1‑bath and three 2‑bedroom/1‑bath units; Detached four‑car garage included
More about this property
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