4537 S Drexel Boulevard #203, Chicago, IL 60653

Chicago
Local realty services provided by:ERA Naper Realty
4537 S Drexel Boulevard #203,Chicago, IL 60653
$185,000
  • 1 Beds
  • 1 Baths
  • 900 sq. ft.
  • Condominium
  • Active
Listed by: chavez carter
Office: lpt realty llc.
MLS#:12760987
Source:MLSNI

Price summary

  • Price:$185,000
  • Price per sq. ft.:$205.56
  • Monthly HOA dues:$448

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2004
  • Listing ID #:12760987
  • Updated:September 30, 2026 at 11:46 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:4
  • Living area:900 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:2004
  • Building area:900 sq. ft.

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$185,000
  • Price per sq. ft.:$205.56
  • Tax amount:$3,135 (2024)

Parking

  • Total parking spaces:1
  • Parking description:Assigned
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

New listings near 4537 S Drexel Boulevard #203