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6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
6347 S Drexel Avenue
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$727,500

6347 S Drexel Avenue

8 Beds 3 Baths

Description

$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.

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Location

6347 S Drexel Avenue, Chicago, IL 60637

Status

Sold
Phillip Dixon

Phillip Dixon

TITLE

Licensed Real Estate Broker

Kasey Taylor

Kasey Taylor

TITLE

Licensed Real Estate Broker

Property Amenities

Interior
Total Bedrooms: 8
Area & Lot
MLS® ID 12464172
Year Built 1892
School District 299
Architecture Styles Greystone
Type Multi-Family
Status Sold
Exterior
Heat type Natural Gas, Forced Air
Water Source Lake Michigan, Public
Garage Space 2.0
Sewer Public Sewer
Other Exterior Features Balcony
Parking Garage Door Opener, On Site, Garage Owned, Detached, Garage
Roof Asphalt, Rubber
Finance
Sales Price $727,500
Real Estate Tax $4,658 yearly

Work With Us

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact Taylor Dixon Group today to start your home searching journey!