Active

$185,000

4537 Drexel Boulevard, Chicago, IL 60653
1 Beds1 Baths0 sqft7 days
4537 Drexel Boulevard·Chicago, IL 60653
1Bedrooms
1Bathrooms
0Sq Ft
2004Year Built
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.

MLS# 12760987Listed September 16, 2026Residential
Property Details

Beds & Baths

Total Bedrooms1
Total Bathrooms1
Full Baths1
Half Baths0
Total Rooms4

Size & Structure

Living Area0 sqft
Stories6
Fireplaces1
Year Built2004
Lot SizeCONDO

Location

CountyCook
TownshipHyde Park
Zip Code60653

Financial

List Price$185,000
Annual Taxes (2024)$3,135
Monthly Tax Est.$261
Parcel #20023120541004
Interior Features

Heating

Natural Gas

Cooling

Central Air

Basement

None

Laundry

In Unit
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

AssignedYes
HOA & Community
HOA Fee
$448
Monthly

HOA Includes

HeatWaterGasParkingInsuranceSecurityExterior MaintenanceScavengerSnow RemovalInternet
Tax & Financial
Annual Taxes
$3,135
Tax Year 2024
Monthly Tax Est.
$261
per month
Property Location

4537 Drexel Boulevard, Chicago, IL 60653 — Cook County

$185,000
4537 Drexel Boulevard
1 bd1 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
1 fireplace
CONDO
$3,135/yr taxes
$448 HOA (monthly)
$1,682
estimated monthly payment
Principal & Interest
$972/mo
Property Tax
$261/mo
HOA
$448/mo
$185,000
20% — $37,000
3%50%
6.875%
3%12%
Loan Amount
$148,000
Down Payment
$37,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
LPT Realty LLC
Agent: Chavez Carter
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. 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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.