6347 S Drexel Avenue, Chicago, IL 60637

Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
6347 S Drexel Avenue,Chicago, IL 60637
$745,000
  • 8 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:phillip dixon
Office:compass
MLS#:12378058
Source:MLSNI

Price summary

  • Price:$745,000

About this home

Major Price improvement plus up to $15,000 seller credit! A fully rebuilt Greystone 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

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Home facts

  • Year built:1892
  • Listing ID #:12378058
  • Added:119 day(s) ago
  • Updated:September 25, 2025 at 01:28 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt, Rubber
  • Year built:1892

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$745,000
  • Tax amount:$4,658 (2023)
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