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Six-Unit Apartment Building
For Sale
$374,900

8620 South Drexel Avenue, Chicago, IL 60619

Three-level property with varied floor plans in Chicago’s Chatham neighborhood.

Property Size6,300 SF
Price / SF$59.51
Days on Market204

Property Features for 8620 South Drexel Avenue

General Information

Standard status Active
Size 6,300 SF
Property subtype Multi Family 5+ / Multi Family 5+-Garden Complex
Zoning MULTI

Site & Location

Neighborhood Near South Side

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $6,208

Building Details

Year Built 1932
Stories 3
Listing Agency: O'Donnell Partners
Listed By: Julian Taylor · License #471009070
Source: Compass
Added: Apr 11 Changed: Oct 31 Last Checked: Oct 30 at 5:40PM

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 O'Donnell Partners

Rey
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Investment Insights

Based on property information with market context.

This contemporary apartment property contains six units arranged across three levels, with varied floor plans designed for different residential layouts. The exterior is maintained and includes an inviting entry and landscaped grounds.

Located at 8620 S. Drexel Ave in Chicago’s Chatham neighborhood, the property is near restaurants, shopping centers, parks, and recreational facilities. Major transportation arteries provide access throughout the city.

Key Highlights

  • Six‑unit apartment property
  • Units arranged across three levels
  • Varied floor plans across the property

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,063
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

Frequently Asked Questions

What type of property is this?
Apartment building - Three-level property with varied floor plans in Chicago’s Chatham neighborhood.
Where is this apartment building located?
The property is located at 8620 South Drexel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Six‑unit apartment property; Units arranged across three levels; Varied floor plans across the property
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