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$215,000
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Property 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.
Full Property Details
Full Property Details for 4537 S Drexel Blvd #203
General
- Price: $215,000
- HOA FEE: $448/month
- Taxes: $2,918 (2023)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12677833
- Updated: 6/20/2026
- Added to Site: 8 day(s) ago
Interior
- Basement: None
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Other Features: Commuter Bus, Historical District
Parking
- Total Spaces: 1
- Parking Features: Assigned, Yes
Location
- Area: CHI - Kenwood
- County: Cook
- Township: Hyde Park
- Driving Directions: 46th left on to Drexel Blvd.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal, Internet
- Pets Allowed: Yes
- Pets: Cats OK, Dogs OK
- Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
- Mgmt. Company: First Service Residential
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 2
- Stories/Levels: 6
- Square Feet: 900
- Sq. Ft. Source: Estimated
- Year Built: 2004
Unit Information
- Units in Building: 59
Lot Features
- Lot Dimensions: CONDO
Animals
- Animals Allowed: Cats OK, Dogs OK
Financial Considerations
- Association Fee: $448
- Assoc Fee Freq.: Monthly
- Parking Included: Yes
- Assessment Year: 2004
- Tax Amount: $2,918
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Property ID: 20023120541004
Listed by LPT Realty LLC
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Price & Sales History for 4537 S Drexel Blvd #203
Date
Details
Price
Change
Source
6/14/2026
Listed
$215,000
86.96%
MLS
2/14/2019
Sold
$115,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4537 S Drexel Blvd #203
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,918
—
$15,556
13%
2023
$2,918
3%
$13,779
—
2022
$2,834
2%
$13,779
—
2021
$2,771
39%
$13,779
54%
2020
$1,996
54%
$8,958
-9%
2019
$1,296
2%
$9,878
—
2018
$1,273
146%
$9,878
71%
2017
$517
-21%
$5,779
—
2016
$657
14%
$5,779
—
2015
$578
-20%
$5,779
-10%
2014
$721
-22%
$6,456
-7%
2013
$919
-26%
$6,946
-26%
2012
$1,245
—
$9,434
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4537 S Drexel Blvd #203
4537 S Drexel Boulevard #203, Chicago, IL 60653 (MLS# 12677833) is a Condo property with 1 bedroom and 1 full bathroom. 4537 S Drexel Boulevard #203 is currently listed for $215,000 and was received on June 14, 2026. Want to learn more about 4537 S Drexel Boulevard #203? Do you have questions about finding other Condo real estate for sale in Kenwood? You can browse all Kenwood real estate or contact a Coldwell Banker agent to request more information.
