4537 S Drexel Boulevard #203, Chicago, IL
  • $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
  • Price $210,000
  • 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 32
  • Tax Annual Amount 3135
  • 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: MRD12703440
  • Single Family
  • Property Type
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 900 Sq Ft
  • Area Size
  • 2004
  • Year Built

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%