6347 Drexel Avenue, Woodlawn, Chicago, Illinois 60637
$745,000
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1892 |
| Property Taxes: | $4,658 |
| Days On Market: | 15 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Multi-unit | |
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| — | |
| 1892 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
| 12464172 | |
| 20231040110000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 25 Jan, 2022 | Sold | $410,000 | MRED MLS |
| 19 Oct, 2021 | Under contract | $425,000 | MRED MLS |
| 22 Apr, 2021 | Listed for sale | $425,000 | MRED MLS |
| 5 Sep, 2025 | Listed for sale | $745,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| 25' X 125' | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $3,890 |
| 2025 | $4,658 |
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