5407-09 South Drexel AvenueChicago, IL 60615Price: $1,450,000

  • Price: $1,450,000
  • 74 Days on Market
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Federal 30-year interest rate: 6.99% last updated on Jun 6, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1920Year Built

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ALL BRICK SOLID MULTI UNITS IN THE HEART OF HYDEPARK. TOTAL 8 UNITS. MAKE IT YOUR SOLID & GREAT INVESTMENT OPPORTUNITY FOR LONG TERM INVESTMENT IN THE UNIVERSITY OF CHICAGO AREA. FEATURES TOTAL OF 6 OF THE 2 BEDROOMS, 1 FULL BATH UNIT WITH 1300SF/UNIT. 2 OF THE GARDEN 1 BEDROOM 1 BATH UNIT. ORGINAL HARDWOOD FLOORS, STAINLESS STEEL APPLIANCES (MOST OF THEM NEWER), IN UNIT WASHER & DRYER AND PUBLIC WASHWER & DRYER AS WELL. IN UNIT LAUNDRY & COMMON SHARE LAUNDRY UNIT IN THE BASEMENT. 1 WATER HEATING SYSTEM & HOT WATER SUPPLIES TO ALL UNITS, TENANT PAYS FOR COOKING GAS AND ELETRIC. WINDOW AIR CONDITIONING, BRAND NEW TEAR OFF FLAT ROOF IN 2021, 8 PARKING SPACES & FENCE COMPLETED IN 2022, MOST OF APPLIANCES ARE STAINLESS STEEL. GOOD AND STABLE TENANTS. RENT BELOW MARKET. ALL UNITS CURRENT ON LEASE EXPIRES IN THE SUMMER TIME, FULLY RENTED ONLY 1 UNIT VACANT FOR SHOWING. WALKING DISTANCE TO University of Chicago Hospital and School. PREAPPROVED INVESTOR ONLY. This opportunity won't last long.

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Listed by Tanni Wong of Lakeside Properties Group,LLC

Based on information submitted to MRED  as of June 12, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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