Illinois
Chicago
4043 S Drexel Boulevard

$1,692,600

4043 S Drexel Boulevard, Chicago, IL 60653

Commercial Property
Built in 2003
—— sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

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.

Listing Status:: Active
Listing Office:: Baird & Warner : 312-242-1000
Listing Agent:: Adam Zagata : 773-732-3661
MLS ID:: 12362899

Originating MLS: mred
County: Cook

This listing courtesy of Adam Zagata, Baird & Warner

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Robinson Elementary School

4225 S Lake Park Ave, Chicago, IL, 60653

Grades PK-3

0.36 miles away

Fuller Elementary School

4214 S Saint Lawrence Ave, Chicago, IL, 60653

Grades PK-8

0.44 miles away

King College Preparatory High School

4445 S Drexel Blvd, Chicago, IL, 60653

Grades 9-12

0.45 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.