4537 S Drexel Boulevard #203, Chicago, IL
  • $215,000

Description

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.

  • Listing Courtesy of: LPT Realty LLC

Details

Updated on June 16, 2026 at 6:00 am
  • Property ID MRD12677833
  • Price $215,000
  • Property Size 900 Sq Ft
  • Bedroom 1
  • Bathroom 1
  • Year Built 2004
  • Property Type Single Family
  • Property Status Active
  • Parking Total 1
  • Parcel Number 20023120541004
  • Water Source Lake Michigan,Public
  • Sewer Public Sewer
  • MLS Status New
  • Association Fee 448
  • Fire Places Total 1
  • Cumulative Days On Market 2
  • Tax Annual Amount 2918
  • Cooling Central Air
  • Heating Natural Gas
  • Parking Features Assigned,Yes
  • Directions 46th left on to Drexel Blvd.
  • Association Fee Frequency Monthly
  • Address 4537 S Drexel Boulevard #203
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60653
  • Country United States

Overview

Property ID: MRD12677833
  • Single Family
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 900 Sq Ft
  • Area Size
  • 2004
  • Year Built

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