6-Unit Apartment
For Sale
Contact for pricing
Pending
8226 S Drexel Ave, Chicago, IL 60619
Chicago multifamily property with duplex layouts, individual HVAC, private water heating, and a five-car garage.
Property Size7,600 SF
Days on Market315
Property Features for 8226 S Drexel Ave
General Information
Standard status
Pending
Size
7,600 SF
Property subtype
Multifamily
Building Details
Units
6
Listing Agency:
Kiser Group
(773) 293-5032
Listed By:
Aaron Sklar · License #IL 475161507
Source:
Crexi
Added: Oct 21, 2025
Changed: Aug 30
Last Checked: Aug 30 at 11:49PM
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
Investment Insights
Based on property information with market context.
This six-unit apartment building in Chicago’s Chatham neighborhood contains four three-bedroom, one-and-a-half-bath units and two four-bedroom, two-and-a-half-bath duplexes. The 7,600-square-foot property features spacious interiors with hardwood flooring, individual HVAC systems, and separate hot water heaters. Recent capital improvements include updated 400 amp electrical service with breaker panels in each unit, copper plumbing, and a five-car garage.
The property is positioned on South Drexel Avenue within walking distance of Grand Crossing Park and a few blocks from the 79th and Chatham Metra station. The rail station provides train access to downtown Chicago. The asset is reported at an 11.34% cap rate and a 22.62% cash return, with projected figures of 12.93% and 28.96%, respectively, based on higher area rents.
The property is positioned on South Drexel Avenue within walking distance of Grand Crossing Park and a few blocks from the 79th and Chatham Metra station. The rail station provides train access to downtown Chicago. The asset is reported at an 11.34% cap rate and a 22.62% cash return, with projected figures of 12.93% and 28.96%, respectively, based on higher area rents.
Key Highlights
- Six‑unit building with four 3Bd/1.5Ba units and two 4Bd/2.5Ba duplexes
- 7,600 SF apartment building in Chicago’s Chatham neighborhood
- Individual HVAC systems and hot water heaters serve each unit
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,275
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Chicago multifamily property with duplex layouts, individual HVAC, private water heating, and a five-car garage.
Where is this apartment building located?
The property is located at 8226 S Drexel Ave Chicago, IL.
What are key features of this property?
This property features: Six‑unit building with four 3Bd/1.5Ba units and two 4Bd/2.5Ba duplexes; 7,600 SF apartment building in Chicago’s Chatham neighborhood; Individual HVAC systems and hot water heaters serve each unit
