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$210,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 900 Sq. Ft.
  • Updated 12 hours ago

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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.

Full Property Details for 4537 S Drexel Blvd #203

General

  • Price: $210,000
  • HOA FEE: $448/month
  • Taxes: $3,135 (2024)
  • Status: Active
  • Type: Condo
  • Source: MRED
  • MLS ID: 12703440
  • Updated: 7/13/2026
  • Added to Site: 1 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: $3,135
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 20023120541004

Listed by LPT Realty LLC

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Listing agent

— 4537 S Drexel Blvd #203 —

  • LPT Realty LLC

(312) 890-1489

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 4537 S Drexel Blvd #203 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/13/2026
Listed
$210,000
82.61%
MLS
2/14/2019
Sold
$115,000
—
Public Record
Get Price Alerts and Save Property
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 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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LPT Realty LLC

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4537 S Drexel Boulevard #203, Chicago, IL 60653 (MLS# 12703440) is a Condo property with 1 bedroom and 1 full bathroom. 4537 S Drexel Boulevard #203 is currently listed for $210,000 and was received on July 13, 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.

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