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8620 S Drexel

$465,000

8620 South Drexel Avenue, Chicago, IL 60619

Active
Last Updated: 11/16/2023

8.48

Cap Rate

9,600 sqft

Building Size

Details:
Cap Rate:    8.48%
Building Size:    9,600 sqft
Occupancy:    83%
Units:    6
Floors:    3
Description:

Multifamily Investment Advisors, in conjunction with KW Commercial & Keller Williams One Chicago, is proud to present a contemporary six-unit multifamily property situated at 8620 S. Drexel Ave in the vibrant Chatham neighborhood of Chicago, IL. Nestled amidst the rich cultural heritage and bustling city life, this property offers a unique blend of comfort, convenience, and style. With its prime location, well-designed units, and a host of amenities, Chatham Oasis presents an ideal opportunity for both residents and investors seeking a thriving urban living experience. 

This property enjoys a coveted address in the Chatham neighborhood of Chicago, one of the city's most sought-after residential areas. The property is conveniently located on South Drexel Avenue, providing easy access to an array of amenities, including restaurants, shopping centers, parks, and recreational facilities. Its proximity to major transportation arteries allows for seamless travel throughout the city, ensuring residents are well-connected to all that Chicago has to offer. 

The property is a six-unit multifamily property that combines modern architectural design with functional living spaces. The property features a well-maintained exterior with an inviting entrance and beautifully landscaped surroundings. The units are spread across three levels, offering a variety of floor plans to suit different lifestyle needs. 


The Chatham neighborhood of Chicago is renowned for its rich history and vibrant community. Residents of Chatham Oasis can explore a myriad of cultural attractions, including the DuSable Museum of African American History, which offers fascinating exhibitions and educational programs. Nearby parks such as Cole Park and Nat King Cole Park provide recreational opportunities, including playgrounds, sports fields, and walking trails. The neighborhood also offers an eclectic dining scene, featuring a variety of cuisines to suit every palate. 

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