4537 S Drexel Boulevard 203, Chicago, IL, 60653
$185,000
1
Bed
1
Bath
900
Square feet
About 4537 S Drexel Boulevard 203
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.
Additional Information: This property is located in the CHI - Kenwood neighborhood, IL. This 1 bedroom attached single property is priced at $206/sqft.
Facts & Features
| MLS® # | 12703440 |
|---|---|
| Price | $185,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 900 |
| Price per Square Footage | $205.56 |
| Taxes | $3,135 |
| HOA Fees | $448 |
| HOA Fees Freq. | Monthly |
| Year Built | 2004 |
| Type | Residential |
| Sub-Type | Attached Single |
| Status | Active |
Community Information
| Address | 4537 S Drexel Boulevard 203 |
|---|---|
| Area | CHI - Kenwood |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60653 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Parking | Assigned, Yes |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas |
|---|---|
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| # of Stories | 6 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Brick |
|---|
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 30 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $3,135 |
Listing Details
| Office | LPT Realty LLC |
|---|
