Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    8139 Drexel Ave, Chicago, IL 60619

    1 SF
    Property ID
    US28-0103645
    Property summary
    AI-generated overview

    This classic Chicago six-flat apartment building, located at 8139 S Drexel Ave in the Chatham neighborhood of Chicago, Illinois (zip code 60619), presents a compelling investment opportunity. Currently 100% vacant and secured, the property is primed for a complete rehabilitation. All six units are identical, featuring five rooms, two bedrooms, and one bathroom each. Kitchens and bathrooms have been fully demoed, simplifying the renovation process. Rear parking is available for residents. The property's size is not specified. The 2020 property taxes, payable in 2021, totaled $7,842.12. The first installment of 2021 taxes, payable in 2022, amounted to $4,313.17. This multifamily property is offered at an asking price of $300,000 and represents a significant potential for value appreciation upon completion of renovations. The property's Cook County location offers convenient access to various amenities and transportation options. This is an excellent opportunity for investors seeking a hands-on project with substantial upside potential in a well-established Chicago neighborhood. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1 SF
    UPID US28-0103645
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 8139 Drexel Ave?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message