4537 South Drexel #203, Chicago IL 60653
- Bedrooms 1
- Bathrooms 1
- Taxes $3,135
- HOA $448
- Payment Estimate View Mortgage Calculator
Request Private Showing
Property Description
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.
Features & Information
Key Details
- List Price $195,000
- Property Taxes 3135
- Unit Floor Level 2
- Square Feet 900
- Price/ Sq. Ft. $216.67
- Year Built 2004
- Parking Type Space/s
- Status Price Change
Rooms
- Total Rooms 4
-
Master Bedroom
- Master Bath F
- Room Size 13X11
-
Living Room
- Room Size 18X13
- Floor Level Main Level
-
Dining Room
- Room Size COMBO
- Floor Level Main Level
-
Kitchen
- Room Size 9X9
- Floor Level Main Level
Interior Features
-
Heating & Cooling
- Heating Type Gas
-
Fireplace
- # of Fireplaces 1
Exterior Features
-
Parking
- Parking Space/s
- # of Cars 1
- Parking Details Assigned Spaces
Building Information
- Number of Units 59
- Age of Building 21-25 Years
- Exterior Construction Brick
- Exposure W (West)
-
Pets
- Pets Allowed? Y
- Pet Types Cats OK,Dogs OK
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property 46th Left On To Drexel Blvd.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District 299
-
Property Taxes
- Tax 3135
- Tax Year 2024
- Parcel Identification Number 20023120541004
Utilities
- Sewer Sewer-Publ
Listed by: LPT Realty LLC | Phone: 877.366.2213
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 7/26/2026 9:32 AM. 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.
Explore North Kenwood
This classy south side Chicago neighborhood is rapidly reviving itself to its former glory. Once coined the “Lake Forest of the South Side,” Kenwood is flanked with landmark buildings and breathtaking homes designed by influential architects such as Frank Lloyd Wright. Kenwood is associated with another name that has gained worldwide recognition in recent years, Barack Obama. He and his family live in the upscale section of the neighborhood where million-dollar properties are the norm. Other areas of Kenwood offer more affordable real estate in the way of condominiums and three-bedroom single-family houses. Along with a growing commercial district, Kenwood has established itself as a center for the arts. A couple design and art galleries are located in the community, supplying residents and other Chicagoans with venues to exhibit their creative talents and educational opportunities to fine tune those artistic skills.
Mortgage Calculator
- List Price${ formatCurrency(listPrice) }
- Taxes${ formatCurrency(propertyTaxes) }
- Assessments${ formatCurrency(assessments) }
- List Price
- Taxes
- Assessments
Estimated Monthly Payment
${ formatCurrency(monthlyTotal) } / month
- Principal & Interest${ formatCurrency(monthlyPrincipal) }
- Taxes${ formatCurrency(monthlyTaxes) }
- Assessments${ formatCurrency(monthlyAssessments) }
All calculations are estimates for informational purposes only. Actual amounts may vary.
