$210,000

bed

bath

900

square ft

4537 S Drexel Boulevard #203

Chicago, Illinois 60653

New / MLS #12703440 / Condo / Kenwood

Listing information updated 7/13/2026 at 1:03pm

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.

Full Features

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

21-25 Years

Parking Type:

Assigned,Yes

Parking Spaces:

Room Count:

Water Front:

Square Feet:

900

Pet Information:

Cats OK, Dogs OK

Room Information

Living Room:

18x13 - Main

Dining Room:

combo - Main

Kitchen:

9x9 - Main

Family Room:

N/A

Primary Bedroom:

13x11 - Main Level

2nd Bedroom:

N/A

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

5x7 - Main Level

Taxes & Assessments

Tax Amount:

$3,135

Tax Year:

2024

Assessments:

$448 / month

Location

Zip Code:

60653

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Exterior Type:

Brick

Basement:

None

Beds Above Grade:

Cooling System:

Central Air

Heating System:

Natural Gas

Main Level Primary Bedroom:

Yes

Fireplace:

Yes

Pool:

Age:

21-25 Years

Parking Type:

Assigned,Yes

Parking Spaces:

Room Count:

Water Front:

Square Feet:

900

Pet Information:

Cats OK, Dogs OK

Living Room:

18x13 - Main

Dining Room:

combo - Main

Kitchen:

9x9 - Main

Family Room:

N/A

Primary Bedroom:

13x11 - Main Level

2nd Bedroom:

N/A

3rd Bedroom:

N/A

4th Bedroom:

N/A

Laundry:

5x7 - Main Level

Tax Amount:

$3,135

Tax Year:

2024

Assessments:

$448 / month

Zip Code:

60653

City:

Chicago

County:

Cook

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: LPT Realty LLC

Listing Office Phone: 877.366.2213

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 7/13/2026 at 1:03pm. 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 listings have been excluded from this website.