4537 S Drexel Boulevard 203, Chicago, IL 60653

• 1 bed |
• 1 bath |
• 900 sqft

Property Description

Excellent investment opportunity in the beautiful and historic Drexel Boulevard corridor. This spacious 1-bedroom, 1-bath condominium features wood-finish flooring throughout, a cozy fireplace, large bathroom with dual vanities. The well-maintained building offers secure fob entry, an included exterior parking space, and low HOA dues. Currently tenant-occupied with an excellent long-term tenant paying $1,750 per month. The lease is in place through March 1, 2027, allowing the new owner to earn rental income from day one with stable, predictable cash flow already in place. A professionally maintained, turnkey investment opportunity ready to generate immediate income.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 12:18AM

Listing Office:

LPT Realty LLC : 312-890-1489

Listing Agent:

Chavez Carter : 312-890-1489

MLS ID:

12677833

Interior

• Rooms: No additional rooms
• Laundry: In Unit
• Basement: None
• A/C: Central Air
• Heating: Natural Gas
• Fireplace: Fireplaces: 1
• Disability Feature: None

Exterior

• Parking: AssignedYesParking spaces: 1

Location

• HOA Amenities: HeatWaterGasParkingInsuranceSecurityExterior MaintenanceScavengerSnow RemovalInternet448.0Monthly
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 20023120541004

Utilities

• Water: Lake MichiganPublic
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Condo