Closed

$274,900

4545 Drexel Boulevard, Chicago, IL 60653
2 Beds2 Baths0 sqft6 days
4545 Drexel Boulevard·Chicago, IL 60653
2Bedrooms
2Bathrooms
0Sq Ft
About This Home

Glorious 2 bed/2 bath duplex up in the Observatory Condominiums, a Chicago historic landmark. The property includes 20 units total inside a stone mansion and adjoining former school. This unit, 3F, is in the School (entrance on 46th Street side of the property) on the 3rd and 4th floors, where each floor has an entrance into the unit. This building has an elevator which was recently restored. Be welcomed into the magnificent living room with high concrete ceilings, hardwood floors with electric fireplace which will heat up the room on cool nights and days. There is a large closet that can store coats, boxes, luggage and more! The sunny kitchen has cherry cabinets, stainless steel appliances, and granite countertops. Inside the utility closet there is a brand new furnace installed in Aug 2024 for energy efficiency (heating and cooling/central A/C), stacked washer and dryer and pantry shelving for storage. Nest thermostat allows for remote control access with temperature. Upstairs in the large primary bedroom has an astounding walk-in closet. The primary bath has a double sink vanity set into a cherry cabinet with drawers and cabinet space. The professionally landscaped, gated grounds have mature trees and benches for enjoying the private outdoor space. It is in a terrific location. This gem is blocks away from beautiful Lake Michigan! Access to the lakefront is effortless-either by the newly built pedestrian bridges or by the 47th St bridge. Walk score shows that it is very walkable and bikeable with great transit options. There is a shopping corridor on 47th St which boasts retail and dining options. Close by is the 53rd St entertainment center with great shopping and restaurants. Mariano's, Whole Foods and Trader Joe's are just minutes away. DuSable Lakeshore Drive (~1 mile) and the Dan Ryan Expressway (2 miles) and ~25 mins to Midway Airport. Mandrake Park is a few blocks north with a running track, great for exercise or a leisurely walk. Pet friendly community. A deeded parking space is included inside the gated and secured parking lot. The school has a new roof, houses 12 condo units and nicely maintained.

MLS# 12261710Listed January 27, 2025ResidentialSubdivision: Observatory Condominiums
Property Details

Beds & Baths

Total Bedrooms2
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms5

Size & Structure

Living Area0 sqft
Stories4
Fireplaces1
Lot SizeCOMMON

Location

CountyCook
TownshipHyde Park
SubdivisionObservatory Condominiums
Zip Code60653

Financial

List Price$274,900
Annual Taxes (2023)$3,003
Monthly Tax Est.$250
Parcel #20023120511017
Interior Features

Appliances

RangeMicrowaveDishwasherHigh End RefrigeratorWasherDryerStainless Steel Appliance(s)

Flooring

HardwoodCarpetWood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

None

Laundry

Washer HookupMain LevelGas Dryer HookupIn UnitLaundry Closet

Fireplace

Electric
Exterior & Lot

Construction

BrickStoneLimestone
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Electric

Circuit Breakers100 Amp Service

Parking

Off AlleySide DrivewayAssignedParking LotSecuredOn SiteOther
HOA & Community
HOA Fee
$415
Monthly

HOA Includes

WaterParkingInsuranceSecurityExterior MaintenanceLawn CareScavengerSnow Removal

Association Amenities

Bike Room/Bike TrailsElevator(s)Ceiling Fan
Tax & Financial
Annual Taxes
$3,003
Tax Year 2023
Monthly Tax Est.
$250
per month
Property Location

4545 Drexel Boulevard, Chicago, IL 60653 — Cook County

$274,900
4545 Drexel Boulevard
2 bd2 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
1 fireplace
COMMON
$3,003/yr taxes
$415 HOA (monthly)
$2,110
estimated monthly payment
Principal & Interest
$1,445/mo
Property Tax
$250/mo
HOA
$415/mo
$274,900
20% — $54,980
3%50%
6.875%
3%12%
Loan Amount
$219,920
Down Payment
$54,980

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

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

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