6323 South Drexel Avenue Chicago, Illinois 60637

Property Overview (6323 South Drexel Avenue Chicago, Illinois 60637)

Status

Sold

Price

$545,000

Number of Units

Rental Income

$4300/mo

Lot Size

3,450 Sq. Ft.

Neighborhood

Woodlawn

6323 South Drexel Avenue

Chicago, Illniois 60637

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Albert Realty Advisors is pleased to offer for sale 6323 S. Drexel Ave, a legal 3-unit Greystone in the Woodlawn neighborhood. Each unit features 1200 square feet, 3-beds and 1-bath and an open-concept kitchen-dining-living room design. Move right into the newly renovated 2nd floor unit which features 42" shaker grey cabinets, quartz countertops, new stainless steel appliances. vinyl plank flooring, and central heating. Units #1and #3 were last renovated in 2009 to a good rental grade standard. Some updating needed today. Utilities are sub-metered with separate furnaces and hot water tanks. Roof was fully replaced in 2009 and partially replaced in 2016. Property is located 2 blocks away from University of Chicago's campus, 2-blocks from the Green Line, a half-mile from Jewel-Osco, and 1-mile away from Jackson Park. Woodlawn continues to see increasing private investment and the City of Chicago has numerous public projects planned for upcoming years. The site of the future Barack Obama Presidential Center is located 1-mile away. Significant market demand for small multifamily properties in the area means you should move quickly.

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