$170,000
$185,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
4537 S Drexel BLVD #203 Chicago, IL 60653
1 Bed
1 Bath
900 SqFt
Key Details
Sold Price $170,000
Property Type Condo
Sub Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $188
MLS Listing ID 12760987
Sold Date 10/30/26
Bedrooms 1
Full Baths 1
HOA Fees $448/mo
Rental Info Yes
Year Built 2004
Annual Tax Amount $3,135
Tax Year 2024
Lot Dimensions CONDO
Property Sub-Type Condo
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.
Location
State IL
County Cook
Area Chi - Kenwood
Rooms
Basement None
Interior
Heating Gas
Cooling Central Air
Fireplaces Number 1
Fireplace Y
Laundry In Unit
Building
Building Description Brick, Yes
Story 6
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
HOA Fee Include Heat,Water,Gas,Parking,Insurance,Security,Exterior Maintenance,Scavenger,Snow Removal,Internet
Ownership Condo
Special Listing Condition None
Pets Allowed Cats OK, Dogs OK
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Candace Bailey of Prenton Realty