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About the Listing 87291 - 862734,885346
$15,000 seller credit and a low interest rate! A Greystone rebuilt with permits in vibrant Woodlawn. This 2023 gut-rehab blends historic elegance with modern upgrades. Potential rental income of up to $6,000/month. With the seller's credits you can reduce your mortgage payment to around $4,000, offering up to a potential $2,000 in monthly profit. The property features tall ceilings, hardwood floors, and condo-quality finishes like quartz countertops, shaker cabinets, and stainless steel appliances. Each unit has in-unit laundry and oversized decks. The first-floor includes a 2 bed/1 bath setup and is duplexed down with $60K in structural basement enhancements, providing future living space potential. Updates include new electrical, plumbing, main water line, main sewer line, and a 2-car garage. Located steps from the 63rd Green Line, near the University of Chicago, and close to the Obama Presidential Center, Hyde Park, and the lakefront. A unique opportunity to own a turnkey multi-unit in one of Chicago's most dynamic neighborhoods.
Listing Highlights for 6347 S Drexel Ave
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
12464172
Year Built
1892
Total Square Footage
0
Lot/Acreage
25' X 125'
Interior Details
- Bedrooms: 8
- Bathrooms: 3 Full
- Appliances: Security System,CO Detectors,Ceiling Fan(s),Sump Pump
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Bath/Stubbed,Full,Walk-Out Access
- Other:
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25' X 125'
- Zoning: MULTI
- Roof: Asphalt,Rubber
- Others: Balcony
- Sewer: Public Sewer
- Parking Features: Garage Door Opener,On Site,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $4,658
- Taxes w/Assessments: N/A
- Tax/Property ID: 20231040110000
- Tax Year: 2023
Payment Calculator
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Listing Location
Questions About..
6347 S Drexel Ave Chicago, IL 60637
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