4537 S Drexel Boulevard #203, Chicago, IL 60653
Local realty services provided by:CENTURY 21 Broughton Team
4537 S Drexel Boulevard #203,Chicago, IL 60653
$185,000
- 1 Beds
- 1 Baths
- 900 sq. ft.
- Condominium
- Active
Listed by: chavez carter
Office: lpt realty llc.
MLS#:12703440
Source:MLSNI
Price summary
- Price:$185,000
- Price per sq. ft.:$205.56
- Monthly HOA dues:$448
About this home
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.
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Home facts
- Year built:2004
- Listing ID #:12703440
- Updated:September 13, 2026 at 11:28 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Living area:900 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Natural Gas
- Central air:Yes
Structure and exterior
- Year built:2004
- Building area:900 sq. ft.
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$185,000
- Price per sq. ft.:$205.56
- Tax amount:$3,135 (2024)
Parking
- Total parking spaces:1
- Parking description:Assigned
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