4043 S Drexel BLVD Chicago, IL 60653

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12362899

Maintenance Fees $5,000

Year Built 2003

Annual Tax Amount $30,057

Tax Year 2023

Lot Dimensions 178X69

Property Sub-Type Multi Family 5+

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.

Location

State IL

County Cook

Area Chi - Oakland

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Listed by Loreal Urso • Baird & Warner

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106