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1 Bed
1 Bath
900 sqft

$185,000

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

Price per sqft$205.56
Built in2004
Property size900 sqft
Property typeCondominium
Listed by Chavez Carter with LPT Realty LLC 312-890-1489

Overview

Active

Listed Sep 16, 2026

Updated 8 days ago

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.

$1,231/mo

Est. mortgage payment based on a $185,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12760987

Interior Features

Bedrooms
1
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,135
Tax Frequency
Annually
Association Fee Frequency
Monthly
Pets Allowed
Yes
MLS provider logo

Listed by Chavez Carter with LPT Realty LLC 312-890-1489

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Vergis H. Eiland III are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 5:58 AM UTC on 9/23/2026. 

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