Excellent investment opportunity in the beautiful and historic Drexel Boulevard corridor. This spacious 1-bedroom, 1-bath condominium features wood-finish flooring throughout, a cozy fireplace, fresh paint, and a large bathroom with dual vanities. The well-maintained building offers secure fob entry, an included exterior parking space, and low HOA dues. Currently tenant-occupied with an excellent long-term tenant paying $1,750 per month. The lease is in place through March 1, 2027, allowing the new owner to earn rental income from day one with stable, predictable cash flow already in place. A professionally maintained, turnkey investment opportunity ready to generate immediate income.
Property Details
Price:
$215,000
MLS #:
MRD12677833
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Neighborhood:
chikenwood
Listed Date:
Jun 14, 2026
Finished Sq Ft:
900
Year Built:
2004
See this Listing
Schools
School District:
299
Interior
Bathrooms
1 Full Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Natural Gas
Laundry Features
In Unit
Exterior
Construction Materials
Brick
Parking Features
Assigned, Yes
Parking Spots
1
Parking Total
1
Financial
HOA Fee
$448
HOA Fee Frequency
Monthly
HOA Includes
Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal, Internet
Tax Year
2023
Taxes
$2,918
Map
Community
- Address4537 S Drexel Boulevard #203 Chicago IL
- CityChicago
- CountyCook
- Zip Code60653
Market Summary
Property Summary
- 4537 S Drexel Boulevard #203 Chicago IL is a Condo for sale in Chicago, IL, 60653. It is listed for $215,000 and features 1 beds, 1 baths, and has approximately 900 square feet of living space, and was originally constructed in 2004. The current price per square foot is $239. The average price per square foot for Condo listings in Chicago is $380. The average listing price for Condo in Chicago is $628,887.
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4537 S Drexel Boulevard #203
Chicago, IL


