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Chicago Multifamily Property for Sale
For Sale
Under Contract
$695,000

8226 S Drexel Avenue, Chicago, IL 60619

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market99

Property Features for 8226 S Drexel Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 20
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 10, Bedroom 19, Bathroom 6, Bedroom 18, Bedroom 17, Bedroom 15, Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 11, Bathroom 4, Bedroom 12, Bathroom 8, Bathroom 3, Bedroom 13, Bedroom 16, Bedroom 20, Bathroom 5, Bedroom 1, Bathroom 1, Bedroom 9, Bedroom 4, Bathroom 7, Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 7, Bedroom 14
Directions From 83rd St, head north on Drexel Ave to 8226 S Drexel Ave (east of Cottage Grove Ave, west of Stony Island Ave)
Subdivision CHI - Chatham
Standard status Active Under Contract
APN 20351210261001

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8332

Building Details

Year built 1924
Floors in Building 3
Number of units 6
Listing Agency: Keller Williams Preferred Realty · Keller Williams Realty
Listed By: Aaron Gaines · License #475177288
Added: May 4 Changed: Aug 1 Last Checked: Aug 10 at 9:06AM
MLS# 12638032

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A multifamily property is available for sale in Chicago, Illinois. The property is located at 8226 S Drexel Avenue in the 60619 postal code area of Cook County. The listing title is MULTI_FAMILY - Chicago, IL. The list price is $695,000.

Key Highlights

  • Built in 1924
  • 20 bedrooms
  • 8 bathrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic HVAC 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

1,275
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property available in Chicago, Illinois.
Where is this apartment building located?
The property is located at 8226 S Drexel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Built in 1924; 20 bedrooms; 8 bathrooms
More about this property
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