4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
SEE ALL PHOTOS
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
4123 S Drexel Boulevard
Sold

4123 S Drexel Boulevard

4123 S Drexel Boulevard, Chicago, IL 60653

$550,000
In the heart of the storied Oakland community, nestled proudly overlooking the Boulevard, stands a majestic relic of the past, awaiting its renaissance. The ME Team brings you an exclusive insight into the magnificent Greystone at 4123 S Drexel Avenue, an architectural masterpiece waiting to be reborn. This three-unit Greystone, a testament to the grandeur of yesteryears, beckons investors, dreamers, and visionaries alike. With its stately gray stone facade casting an imposing silhouette against the skyline, this property is a timeless symbol of elegance and potential. What sets this property apart is not just its historical significance, but the myriad of opportunities it presents. In need of total rehabilitation, this blank canvas offers the chance to transform and revitalize, breathing new life into its 5260 square feet of living space. With four majestic fireplaces lending an air of opulence, and the possibility to duplex down, the potential for grandeur is limitless. Imagine the opportunity to offset your mortgage with the rental income from the other two units, or to craft a singular haven, a sprawling single-family mansion befitting of royalty. The choice is yours, limited only by the bounds of your imagination. Venturing below, discover an additional unit awaiting transformation in the lower level, offering even more potential for expansion or rental income. And with the property boasting both forced air and a boiler system, modern amenities can seamlessly meld with the historic charm, ensuring comfort and efficiency for generations to come. But perhaps the most compelling aspect of this property lies not just in its bricks and mortar, but in its enviable location. Oakland, a community steeped in history and culture, offers more than just a place to live - it offers the promise of generational wealth. In the equation of Location + Land, the sum is far greater than its parts, promising a legacy that transcends time.

7
beds

4
baths

Sybil Martin

Sybil Martin

Paulette Edwards

Paulette Edwards

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms4

Area & Lot

  • Status Sold
  • MLS® ID11993102
  • TypeResidential
  • YEAR BUILT1908
  • Architecture StylesGreystone
  • School District299

Exterior

  • Garage Space2.0
  • water SourceLake Michigan, Public
  • roofAsphalt, Rubber
  • lot featuresCommon Grounds, Partial Fencing, Sidewalks, Streetlights
  • HEAT TYPENatural Gas, Electric, Forced Air, Steam, Radiator(s), Indv Controls
  • sewerPublic Sewer
  • SubstructureConcrete Perimeter
  • other exterior FeaturesBalcony, Porch

Financial

  • Sales Price$550,000
  • Real Estate Tax $4,326/yr

Work With Us

At Coldwell Banker Residential Brokerage, we will take care of all your home buying needs. From researching communities to showing available properties to negotiate on your behalf, we will be with you every step of the way.