4537 S Drexel Boulevard 203, Chicago, IL

$185,000

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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.

Features of 4537 S Drexel Boulevard 203

MLS® # 12703440
Price $185,000
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Square Footage 900
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
HOA Fees 448
HOA Fees Freq. Monthly

Listing Details

OfficeLPT Realty LLC

Listing Map

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