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8139 S Drexel Ave 6 Unit Apartment Building $1,369,789 CAD ($228,298 CAD/Unit) 11.20% Cap Rate Chicago, IL 60619
Investment Highlights
- Close to major public transits
- Surrounded by shops, dining, and everyday conveniences
- Near University of Chicago, DuSable Museum, and parks
Executive Summary
Rehabbed 11 CAP. in booming Chatham neighborhood. This solid 6-unit features (6) 3BD/2BA, updated and rented units. Ideal for any investors seeking stable cash flow with upside. WILL NOT LAST! Can be sold with Property management in place for out of state investors.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,369,789 CAD | Building Class | C |
| Price Per Unit | $228,298 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 8,553 SF |
| Cap Rate | 11.20% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1924/2025 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RS-3 - Conforming | ||
| Price | $1,369,789 CAD |
| Price Per Unit | $228,298 CAD |
| Sale Type | Investment |
| Cap Rate | 11.20% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 8,553 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1924/2025 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | RS-3 - Conforming |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 6 | $2,811 CAD | 1,320 |
1 1
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 20-35-116-009-0000 | Improvements Assessment | $34,516 CAD |
| Land Assessment | $6,392 CAD | Total Assessment | $40,909 CAD |
Property Taxes
Parcel Number
20-35-116-009-0000
Land Assessment
$6,392 CAD
Improvements Assessment
$34,516 CAD
Total Assessment
$40,909 CAD
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8139 S Drexel Ave
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