Chicago, IL 60637,6121 S DREXEL AVE
Chicago, IL 60637,6121 S DREXEL AVE
Chicago, IL 60637,6121 S DREXEL AVE
Chicago, IL 60637,6121 S DREXEL AVE
Chicago, IL 60637,6121 S DREXEL AVE
Chicago, IL 60637,6121 S DREXEL AVE
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$370,000

$399,999

7.5%
Est.Price: ?

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Est. payment /mo

9 Beds

5 Baths


SOLD DATE : 04/17/2023

Key Details

Sold Price $370,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11757073

Sold Date 04/17/23

Bedrooms 9

Year Built 1903

Annual Tax Amount $3,680

Tax Year 2021

Lot Dimensions 27X170

Property Sub-Type Two to Four Units

Property Description

This Gorgeous Greystone sits across the street from the University of Chicago and blocks away from Hyde Park. East Woodlawn is an amazing investment to fully renovate and keep a flagship property. Preliminary design in our opinion would be optimized with creating (3) 3bed 2bath units and come in at an after repair value somewhere between $875k to $1million dollars. This property is being sold as is, and requires a gut renovation with plans and permits. Violations exist, you will need plans and permits!!! You also have the ability to possibly do a 4th unit in the basement if you really want to do some heavy lifting. Side lot is not included. (Each unit design is not currently 3 bed 2bath, the design promoted here is assuming someone gut renovates it and creates the 3bed 2bath design.)

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning MULTI

Rooms

Basement Full, Walkout

Interior

Heating Natural Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by David Thomas • Blue Door Dave Inc
Bought with Ryan Rausch • Dream Town Realty
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