6347 S Drexel Ave., Chicago, IL 60637

6347 S Drexel Ave., Chicago, IL 60637
Photo 1 of 60
$745,000
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $4,658.19 1892
On the market: 3 days

Est. Monthly Payment:

$4,849($4,461 + $388 taxes*)

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APPROVED
View full details, 15 photos, school info, and price history
$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.
Listing courtesy of Phillip Dixon, Compass