This is a wonderful opportunity to own a beautiful building with tons of upside in Chatham.The interior units need work, but it will be more than worth it, to attract more Section 8 tenants and raise the income. Most units are occupied. Six are vacant but management is working to fill those.
This listing 8212 South Drexel Avenue Chicago, Il 60619
is a multi family 5+ listing
on a lot of 12,400 sqft (or 100' x 124'). 8212 South Drexel Avenue was built in 1927. 8212 South Drexel Avenue is located in Chicago and in ZIP Code 60619.
It has been listed on our site since 7/10/17.
All information provided is deemed reliable but is not guaranteed and should be independently verified. School assignments are subject to change. Please consult with the appropriate school system for student assignment.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than
Baird & Warner are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
Chatham is a south Chicago neighborhood that takes pride in its roots and continues to flourish culturally. Click here to read more.
*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.