6340 S Drexel Avenue
Chicago, IL 60637

Status: Active
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $949,000

About this home

LAST ONE OF TWO REMAINING! Welcome 6340-42 S Drexel Discerning Designed Residences. Set in exceptionally well located Woodlawn on the confluence of Hyde Park walking distance to University of Chicago Campus. Magazine Caliber Simply Stunning, Expansive footprint, set on 25 x 132 deep lot with 3 car garage. New Construction 3 flat all 3 bedroom 2 baths Exceptional Elegance, Intelligent Design, Professional Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Custom Back splash, Engineered floors, Fireplace, Curated Gallery of Cohesive Design Offering relief from ordinary, Sequestered Primary Suite with walk in closet, lifestyles primary bathroom offer Opulent over sized Shower w/ Frame less Glass, Double Vanity, Custom Mirrors and Designer Plumbing fixtures. Professional closet organizers throughout, 3 car Garage. Urban Intimacy w/ Hyper Convenience Experience excellence. Veteran developers of 25 + years, 1 year warranty included. Hyper Convenient, AAA Trophy Piece Perfect Turn key, Owner Occupied, Investor or 1031. This is part of a 2 building series. This is an exceptional property and location. Show and sell. Delivery end of April 2024 - Pictures of Similar Building. All showings will start at model location @ 4228 S Langley then Looping Back through Drexel.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age NEW Under Construction
3 Bedroom Unit in Building Yes
Approx Year Built 2024
Parking Total 3
Exterior Building Type Brick,Block
Exterior Property Features Deck ,Patio
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - Woodlawn
Zoning Type MULTI
Corporate Limits Chicago
Directions 1/2 block S of 63rd
Equipment CO Detectors
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description None
Bath Amenities Separate Shower, Double Sink, Soaking Tub
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 6
Full Baths in Building Count 6
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 2300
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Laundry Hook-Up, Walk-In Closet
Full Baths Total 2
Lease Expiration Date EST
Rooms Total 6
Tenant Pays Electric, Gas, Parking
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2400
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Laundry Hook-Up, Walk-In Closet
Full Baths Total 2
Lease Expiration Date EST
Rooms Total 6
Tenant Pays Electric, Gas, Parking
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Actual Rent 2500
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Artificial, Garage/Space, Laundry Hook-Up, Cathedral Ceilings, Walk-In Closet
Full Baths Total 2
Lease Expiration Date EST
Rooms Total 6
Tenant Pays Electric, Gas, Parking
Floor Number 3
Property / Lot Details
Deconversion N
Lot Dimensions 25 X 132
Lot Size Oversized Chicago Lot
Model YES
NewConstructionYN Yes
Ownership Fee Simple
Style of House Contemporary
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 360
Gross Rental Income $90,000
Insurance Expense $2,300
Janitor Expense $720
Net Oper Income $75,420
Rental Income 7500
Investment Profile Residential Income
Water Expense $1,200

Tax/Assessments/Liens

PIN 20231010310000
Special Assessments N
Tax Exemptions None
Tax Year 2022
$949,000 Listing Price:
MLS # 12022433
Investment Profile Residential Income
Listing Market Time 28 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 04/05/2024
Year Built 2024
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