4043 S Drexel Boulevard Chicago IL 60653 MLS #MRD12362899

Exceptional 2006-built 8-units located in the heart of the rapidly appreciating Bronzeville neighborhood. This well-maintained, elevator building features eight spacious units available with separate utilities, ensuring ease of management and lower operating costs. Investors will appreciate the 8 exterior parking spaces, plus a garage space, offering ample tenant parking-a rare find in the area. Positioned for long-term growth, the property is steps from public transit, major expressways, and minutes to the lakefront, making it highly desirable for tenants. Strong rental income and an 8 cap rate make this an ideal addition to any portfolio.

Property Details

Price:
$1,692,600
MLS #:
MRD12362899
Status:
Active
Beds:
0
Baths:
0
Address:
4043 S Drexel Boulevard
Type:
Commercial
Neighborhood:
CHI – Oakland
City:
Chicago
Listed Date:
May 13, 2025
State:
IL
ZIP:
60653
Year Built:
2003

Schools

Interior

Exterior

Financial

Maintenance Fee
$5,000
Net Operating Income
$106,018
Tax Year
2023
Taxes
$30,057

Listing Agent & Office

Loreal Urso
Baird & Warner

Mortgage Calculator

 

Map

Similar Listings Nearby

4043 S Drexel Boulevard
Chicago, IL