Home Details for 7900 S Drexel Avenue

This newly remodeled mixed-use building presents a unique investment opportunity with 14 income-producing units, comprising 6 residential apartments and 8 retail/office storefronts. Residential Units: Total: 6 units Configuration: (5) 1 bed/1 bath units and (1) 2 bed/1 bath unit Retail/Office Storefronts: Total: 8 units Features: Gas, forced heat, and central air Location & Accessibility The property is conveniently located close to Metra 79th St Station Interstate highway Investment Potential Opportunity Zone: Situated in an Opportunity Zone, this property qualifies for various city grants, providing additional financial incentives for investors. Community and Amenities: With its prime location, ample amenities, and a strong sense of community, this property is poised for consistent occupancy and income generation. Building Condition: The building violations with the City of Chicago have been mostly cleared, with the exception of four violations that the owner is actively working on resolving. 7900 S Drexel Ave is a strategically located, newly remodeled mixed-use asset offering significant income potential and long-term growth. Its residential and commercial units, combined with the benefits of being in an Opportunity Zone, make it an excellent investment for those seeking robust returns in the Chicago real estate market. Don't miss the chance to capitalize on this prime investment opportunity.

• Cooling Information

  • Central Air