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$170,000

  • Sold
  • Closed
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 900 Sq. Ft.
  • Updated 5 days ago
See This Home
Save This Home
See This Home
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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

  • Sold For: $170,000
  • HOA FEE: $448/month
  • Taxes: $3,135 (2024)
  • Status: Closed
  • Type: Condo
  • Source: MRED
  • MLS ID: 12760987
  • Added to Site: 50 day(s) ago

Interior

  • Fireplace: Yes
  • 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
  • Driving Directions: 46th left on to Drexel Blvd.

School Information

  • School District: 299
  • Midd School District: 299

Community

  • Assoc. Fees Include: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal, Internet
  • Pets Allowed: Yes
  • Pet Restrictions: Cats OK, Dogs OK, / 999lbs.
  • Mgmt. Company: First Service Residential

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Gas

Utilities

  • 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

Financial Considerations

  • Association Fee: $448
  • Assoc Fee Freq.: Monthly
  • Parking Included: Yes
  • Assessment Year: 2004
  • Tax Amount: $3,135
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Condo
  • Property ID: 20023120541004

Listed by LPT Realty LLC
Sold by Prenton Realty

Listing agent

— 4537 S Drexel Blvd #203 —

  • LPT Realty LLC

(312) 890-1489

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 4537 S Drexel Blvd #203

Date
Details
Price
Change
Source
10/30/2026
Sold
$170,000
-8.11%
MLS
9/16/2026
Listed
$185,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by LPT Realty LLC
Sold by Prenton Realty

4537 S Drexel Boulevard #203, Chicago, IL 60653 (MLS# 12760987) is a Condo property that was sold at $170,000 on October 30, 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.