LKV Realty
Logo
$185,000
$900Reward *
4537 S Drexel Boulevard Unit 203, Chicago, IL 60653Listing ID 12703440

4537 S Drexel Boulevard Unit 203, Chicago, IL 60653

Active
CHI - Kenwood
Time on site: 31 daysLast updated: 1 day ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
1
Bathrooms
Bathrooms
1
Square Feet
Square Feet
900
Days on Site
Days on Site
31
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas
Year Built
Year Built
2004
Parking
Parking
Assigned, Yes

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.

Property Information

Property Details

Location

Address
4537 S Drexel Boulevard
County
Cook
City
Chicago
Zip Code
60653
Subdivision
CHI - Kenwood
School District
299
MLS Area
CHI - Kenwood

Interior Features

Beds and Baths

Bedrooms
1
Full Bathrooms
1

Building

Building Information

Square Feet
900
Year Built
2004
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$3,135
Tax Year
2024

Homeowner Association

HOA Fee
$448
HOA Fee Frequency
Monthly
LPT Realty LLC, (877) 366-2213

Market Report for 60653

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 13 Aug 2026, 04:22 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD1009342