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Listing provided courtesy of Redfin CorporationMREDas Distributed by MLSGrid- MLS# 12682482MLS Provider

6620 S Drexel AvenueChicago, IL 60637

Multi-Family · 8 Beds · 0.07 Acres
$369,900 Active

6620 S Drexel Avenue Overview

Time on Site:
6 days
Visits:
0

Great investment opportunity with this spacious brick 2-flat in the rapidly developing Woodlawn neighborhood! Both units feature identical floor plans with a roomy living room, separate dining room, kitchen, four generously sized bedrooms (a rare find), and a full bath. Each unit also includes in-unit laundry hookups for added convenience. While already well-maintained, there is excellent potential to further update the units and maximize rental income. Large backyard and parking pad provide additional value for tenants. Ideally located near grocery stores, public transportation, and major highways, this property is also just minutes from the highly anticipated Obama Presidential Center and surrounded by ongoing neighborhood investment and development, making it a prime opportunity for both seasoned and new investors. Unit 1 is currently tenant-occupied. Unit 2 is available for initial showings; Unit 1 may be viewed on second showings for serious buyers only. Schedule your tour today!

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6620 S Drexel Avenue Facts & Features

  • Type Multi-Family
  • Lot 0.07 Acres

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 1889

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Woodlawn
  • Township: Hyde Park

Community/Development

  • Community Features: Park, Curbs, Sidewalks, Street Paved

Tax Information

  • Tax Annual Amount: $6,247.78
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20231210290000
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 8
  • Bedrooms Possible: 8
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Partial
  • Foundation Details: Concrete Perimeter
  • Heating: Natural Gas, Electric
  • Rooms Total: 14

Exterior

Parking Information

  • Parking Features: Off Alley, Alley Access, Yes, Owned
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25x126
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Brick

General Information

  • Other Structures: None
  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1525
  • Beds Total: 4
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 4
  • Baths Total: 1

6620 S Drexel Avenue Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6620 S Drexel Avenue Monthly Cost

$
$ %
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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6620 S Drexel Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

6620 S Drexel Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/23/2026Source: MRED Added to Database
June 23, 2026
5/21/2024Source: MRED Status Change
Closed
4/9/2024Source: MRED Status Change
Contingent
3/30/2024Source: MRED Status Change
Active
3/25/2024Source: MRED Status Change
Re-activated
3/7/2024Source: MRED Status Change
Contingent
3/7/2024Source: MRED Status Change
Active
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022