About 5407-09 South Drexel Avenue
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.
Features of 5407-09 South Drexel Avenue
| MLS® # | 11999188 |
|---|---|
| Price | $1,450,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1920 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Contingent |
Community Information
| Address | 5407-09 South Drexel Avenue |
|---|---|
| Area | CHI - Hyde Park |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60615 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | None |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Tar and Gravel |
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 33 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lakeside Properties Group, LLC |
|---|