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Gut Rehab Down to the Studs (2017) - Gross Income (w/ 5% vacancy): $161,127 - NOI: $117,491 BLUE DOOR DAVE REAL ESTATE is pleased to present for purchase 7626 S. Drexel, a thirteen (13) unit, gut-renovated walk up building in Chicago's Grand crossing neighborhood. The entire property has been completely renovated (down to the brick), and has been updated with high end fixtures and appliances, with a phenomenal tenant base with exceptionally low turnover. 7626 S. Drexel has an incredibly desirable unit mix which is comprised of nine (9)2Bd/1Ba, three (3) 3bd/1Ba, and one (1) 5Bd/1Ba, exceptionalspacious, units. The building underwent a complete and extensive renovation and was completely renovated in 2017. In addition to all of the structural and foundational components of the building, this included new kitchens with granite countertops, new bathrooms with modern finishes, and installing high efficiency individual furnaces in each of the units. An example of the structural modifications to the building consist of, but certainly not limited to, new electric, new porches, new windows, and 100% copper plumbing. 7626 S. Drexel provides an investor with the unique opportunity to acquire a true turn key asset. If you are an armchair Investor this asset is perfect for you, as top tier management is already in place.

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Listed by Tameka McClellon of Blue Door Dave Inc

Based on information submitted to MRED  as of November 29, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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