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$185,000
6 Days On Site

4537 S Drexel Boulevard 203
Chicago, IL 60653

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
900
SqFt
$206
/SqFt
2004
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of LPT Realty LLC
Call Now: 312-767-7744
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312-767-7744
4537 S Drexel Boulevard 2034537 S Drexel Boulevard 2034537 S Drexel Boulevard 2034537 S Drexel Boulevard 203
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Investor Special!!! Turnkey income-producing opportunity in the highly sought-after historic Drexel Boulevard corridor. This spacious 1-bedroom, 1-bath condominium offers wood-finish flooring throughout, a cozy fireplace, a large bathroom with dual vanities, and an efficient layout that appeals to long-term tenants. The well-maintained building features secure fob entry, an assigned exterior parking space, and low HOA dues. The unit is currently leased to an excellent long-term tenant paying $1,750 per month through March 1, 2027, providing immediate, stable cash flow from day one with no vacancy concerns. Seller is also offering a $2,500 appliance credit, allowing the new owner or future occupant to update the appliances to their personal preference while adding value to the property. A professionally managed, investor-friendly building that allows rentals, making this a rare opportunity to acquire a turnkey asset with immediate income and future upside.

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Listing Snapshot
Price 
$185,000
Days On Site 
6 Days
Bedrooms 
1
Inside Area (SqFt) 
900 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2004
MLS® Number 
12760987
Status 
Active
Property Tax 
$3,135
HOA/Condo/Coop Fees 
$448 monthly
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
7 days agoListing first seen on site
General Features
Direction Faces 
West
Number Of Stories 
6
Parking 
Assigned
Parking Spaces 
1
Pets 
Cats OKDogs OK
Property Sub Type 
Condominium
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
None
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Living Room
Fireplaces 
1
Heating 
Natural Gas
Laundry Features 
In Unit
Bedroom 2 
Bedroom 3 
Bedroom 4 
Dining Room 
Dimensions - COMBOLevel - Main
Family Room 
Kitchen 
Dimensions - 9X9Level - Main
Laundry 
Dimensions - 5X7Level - Main
Living Room 
Dimensions - 18X13Level - Main
Master Bedroom 
Dimensions - 13X11Level - Main
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Exterior Features
Construction Details 
Brick
Community Features
Association Fee 
$448.0
Association Fee Frequency 
Monthly
MLS Area 
CHI - Kenwood
School District 
299
Township 
Hyde Park
Schools
School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of LPT Realty LLC



Based on information submitted to the MLS GRID as of 2026-09-23 07:28 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-23 07:28 AM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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