4537 S Drexel Boulevard #203, Chicago, IL 60653
- $210,000
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.
- Listing Courtesy of: LPT Realty LLC
Details
Updated on July 15, 2026 at 4:01 am-
Property ID MRD12703440
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Price $210,000
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Property Size 900 Sq Ft
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Bedroom 1
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Bathroom 1
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Year Built 2004
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Property Type Single Family
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Property Status Active
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Parking Total 1
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Parcel Number 20023120541004
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Water Source Lake Michigan,Public
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Sewer Public Sewer
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MLS Status New
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Association Fee 448
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Fire Places Total 1
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Cumulative Days On Market 32
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Tax Annual Amount 3135
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Cooling Central Air
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Heating Natural Gas
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Parking Features Assigned,Yes
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Directions 46th left on to Drexel Blvd.
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Association Fee Frequency Monthly
Address
Open on Google Maps- Address 4537 S Drexel Boulevard #203
- City Chicago
- State/county IL
- Zip/Postal Code 60653
- Country United States
Overview
- Single Family
- 1
- 1
- 900 Sq Ft
- 2004
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