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photo of Nikki Mayer
Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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7900 Drexel Avenue
Chicago, IL 60619
Cook, US
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Status: Active (For Sale)
Type: Commercial
Year Built: 1925
MLS ID: 12469752


Overview
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Priced above 10 Cap Rate on current income! $107,593 income with one retail vacancy. Perfect Property For New And Experienced Investors! Don't miss out on this newly remodeled building that features 6 apartments and 8 retail/office storefronts equaling 14 income producing units. The 6 residential units are one 2bed/1bath, and five 1 bed/1bath. 5 apartment units have been renovated with individual gas forced heat and hot water heaters. 8 storefronts also have gas forced heat and central air. Tenant Pays cooking gas, heat, elec. Owner pays ins, tax, water. Conveniently located to Metra 79th St Station and Interstate. Walk into this deal with equity! Property located in a opportunity zone area so there are many city grants available. Located in up and coming Chatham and close to newly planned $9 Billion dollar Quantum Computer Campus.

Courtesy Of: Friedman Real Estate IL LLC


Feature Highlights


  • Additional Parcels
  • Broker Owned/Interest
  • Built Before 1978

General Features


List Date:
09/11/2025

Exterior Features and Amenities


Lot Size Dimensions:
56 X 125

Financial


Days On Market:
8
Tax Annual Amount:
$21,909.00
Tax Year:
2023


Directions


South on Cottage Grove, East on 79th and South on Drexel.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-19
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Copyright 2025 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
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