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$2,600
Property Description
Landlord is looking for a longtime tenant who will appreciate this beautiful, unique space that includes secure parking and will want to settle in. The Observatory Condominiums were converted in 2003 from an historic stone mansion and adjoining school. This unit is in the mansion section and has a unique shape and layout found only in this particular unit. You enter through the private foyer that includes a coat closet into the magnificent living room with high ceilings, gleaming hardwood floors, new track lighting and an electric fireplace which will heat up the room on cool nights and days. The sunny kitchen has cherry cabinets, stainless steel appliances, granite countertops and a decorative tiled backsplash. The washer and dryer were new in 2024. The hot water heater was replaced in 2023 and the refrigerator was new in 2021. Both the living room and the kitchen have shutters (formerly known as Plantation Blinds) which are elegant and provide both privacy and filtered sunlight from the south exposure. Through the kitchen is the 2nd bedroom which is currently being used as an office. A half bath and laundry closet are off the bedroom. The large primary bedroom has an astounding walk-in closet which is the size of a room all its own. Tall windows have blinds. The primary bath has a long double sink vanity set into a cherry cabinet with lots of drawers and cabinet space. There is a separate shower stall and a big whirlpool tub. At the end of the bathroom is yet another closet with several deep shelves for good storage. The professionally landscaped, gated grounds have mature trees and benches for enjoying the private outdoor space. The secure parking space is included in the rent. It is a terrific location. Walkscore says it is very walkable and very bikeable with good transit. Martin Luther King High School is just down the street a few blocks. The shopping corridor of 47th St boasts a Binneys, Ross, Walgreens and various places to take out food or eat in gracious surroundings. You are just a mile from the 53rd St entertainment center with great shopping and restaurants. Mariano's is just over a mile to the north. Whole Foods is east. Trader Joe's and the new Barnes and Noble at 55th St. The Cottage Grove bus stops one block west heading to the Loop and beyond or South to the U of C. The 47th St bus stops at the next corner. It's an easy walk or bus ride east to the Metra and to the express bus to the Loop. The University of Chicago and Hospitals are less than 10 blocks south. Mandrake Park is a few blocks north with its running track. The new pedestrian bridge to the lakefront and Oakwood Beach and Marina is a few blocks northeast and there is a bridge to the lakefront at 47th St as well. So lovely to watch the boats and enjoy the lake. The Bronzeville Winery is two short blocks away and is wowing the Chicago food critics. It is also a music venue with live music and DJs. There is Senegalese food down 47th St at Goree Cuisine and close by is Carver 47 Food and Wellness Market. Just west is Two Fish Crab Shack. Barbecue, coffee shops, and other places to eat and hang out are popping up nearby. The lush Drexel Boulevard parkway has recently refurbished paths for shady walks. It is a mere 10 minute drive to the Loop along the majestic Lake Shore Drive. You have your own HVAC unit and hot water heater with individual controls so you can always enjoy the temperature you like with no one else sharing your hot water. Experienced landlord is also a licensed designated managing broker in Illinois. The management of the building requires an application form and a refundable $500 move deposit. The landlord requires no security deposit or move-in fee. Current tenant is moving out at end of September. Credit score over 700 required. No smoking and no pets. The building itself is quiet and carefully maintained. Owner has no plans to sell it, so you can settle in for the long-term. It's an opportunity to live in a dwelling like no other.
Full Property Details
Full Property Details for 4545 S Drexel Blvd #2B
General
- Rent: $2,600
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12662461
- Updated: 7/6/2026
- Added to Site: 7 day(s) ago
Rental Information
- Complex Features: Park
- Approvals: Monday through Friday Move-In, Saturday Move-In, Move-Out Fee, Refundable Damage Deposit
- Lease/Rent Term: 12 Months
- Lease Includes: Water, Parking, Scavenger, Exterior Maintenance, Lawn Care, Snow Removal
- Date Available: 7/15/2026
Interior
- Basement: None
- Interior Features: 1st-Floor Bedroom, 1st-Floor Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Electric
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
- Bathroom Features: Whirlpool, Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Elevator in Residence, Security Door Lock(s)
- Equipment: Cable TV, Intercom, Ceiling Fan(s)
- Other Features: Commuter Bus, Commuter Train, Interstate Access, Historical District, Non-Smoking Unit
Parking
- Garage: Yes
- Total Spaces: 1
- Parking Features: Asphalt, Off-Alley, Assigned, Side Apron, Parking Lot, Garage Faces Side, Yes, Owned
Location
- Area: CHI - Kenwood
- County: Cook
- Township: Hyde Park
- Subdivision: Observatory Condominiums
- Driving Directions: This historic building looks like the stone mansion it originally was. It is on the east side of Drexel Blvd at the corner of 46th. Take LSD to 47th St. exit. Go west to Drexel (800E) and north to the building. There is usually street parking right out front or on 46th St.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
- Elementary School: Robinson Elementary School
- Middle School: Woodson South Elementary School
- High School: Dyett Academic Center High Schoo
- Private School: Dyett Academic Center High Schoo
Community
- Mgmt. Company: Hales Property Management, Inc.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air, Individual Controls
Utilities
- Sewer: Public Sewer, Storm Sewer
- Water: Lake Michigan, Public
- Onsite: Cable Available
Structural Information
- Structure Type: Condo, Flat
- Construction: Stone
- Exterior Const.: Stone
- Basement Desc.: None
- Foundation: Stone
- Roof: Asphalt
- Common Walls: End Unit
- Windows: Screens, Blinds, Double Pane Windows, Shutters
- Sub-Flooring: Hardwood
- Entry Floor Number: 2
- Stories/Levels: 3
- Square Feet: 1,100
- Sq. Ft. Source: Estimated
Unit Information
- Units in Building: 20
Additional Structures
- Other Structures: None, Garage Faces Side
Lot Features
- Lot Dimensions: COMMON
- Fence: Yes
- Lot Features: Common Grounds, Corner Lot, Landscaped
- Fencing (Description): Fenced
Financial Considerations
- Lease Price: $2,600
- Parking Included: Yes
- Pays Sewer: Public Sewer, Storm Sewer
Listed by The Margie Smigel Group, LLC
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Schools
Schools serving 4545 S Drexel Blvd #2B
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Woodson South Elementary School 4414 South Evans Avenue, Chicago, IL 60653 | PK-3 | 0.3 mi |
Robinson Elementary School, Chicago, IL 4225 South Lake Park Avenue, Chicago, IL 60653 | PK-3 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 4545 S Drexel Blvd #2B
Date
Details
Price
Change
Source
6/30/2026
Listed
$2,600
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4545 S Drexel Boulevard #2B, Chicago, IL 60653 (MLS# 12662461) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 4545 S Drexel Boulevard #2B is currently listed for rent at $2,600 and was received on June 30, 2026. Want to learn more about 4545 S Drexel Boulevard #2B? Do you have questions about finding other real estate for sale or rent in Kenwood? You can browse all Kenwood rentals or contact a Coldwell Banker agent to request more information.
