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4537 S Drexel Boulevard , Unit 203, Chicago, IL 60653

$210,000
  • 4537 S Drexel Boulevard , Unit 203, Chicago, IL 60653 Main Photo

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New to the Market New
BEDS1 BATHS1 full SQUARE FEET900 MLS#12703440
STATUSNew PROPERTY TYPEResidential - Condominium SCHOOLDistrict 299

Property Description

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.

4537 S Drexel Boulevard , Unit 203 | MLS# 12703440

This condo located at 4537 S Drexel Boulevard , Unit 203, Chicago, IL 60653 is currently listed for sale with an asking price of $210,000. This property was built in 2004 and has 1 bedrooms and 1 full baths with 900 sq. ft. S Drexel Boulevard , Unit 203 is located within the District 299 school district. Search Chicago real estate on vbloomer.gogambino.com today.

Property Features

Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Fireplaces: 1
Heating: Natural Gas
Lot Size: CONDO
Stories: 6.0
Taxes: $3,135
Year Built: 2004

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal, Internet
Exterior: Brick
Fireplace Location(s): Living Room
HOA Fee: 448/ Monthly
Laundry: In Unit
Lot Dimensions: CONDO
Parcel#: 20023120541004
Parking: Assigned, Yes
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 4
Township: Hyde Park
Water: Lake Michigan, Public

Room Sizes

Dining Room: COMBO
Kitchen: 9X9
Laundry: 5X7
Living Room: 18X13
Primary Bedroom: 13X11

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: LPT Realty LLC
Agency Phone: 877-366-2213

Shown By

Agent Name: Vanessa Bloomer
Agent Phone: (815) 312-7879
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,276.39 per month $953.89 Principal & Interest $261.25 Property Tax $61.25 Homeowner's Insurance

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