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Listing provided courtesy of LPT Realty LLCMREDas Distributed by MLSGrid- MLS# 12677833MLS Provider

4537 S Drexel Boulevard #203Chicago, IL 60653

Condo/Townhouse · 1 Bed · 1 Full Bath · 900 Sq. ft.
$215,000 Active

4537 S Drexel Boulevard #203 Overview

Time on Site:
14 days
Visits:
0

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.

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4537 S Drexel Boulevard #203 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 900
  • Price/Sq.ft. $239

Details

General

Association/HOA

  • Association Fee: $448.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal, Internet

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 2004

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Kenwood
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $3,135.00
  • Tax Year: 2024

General Information

  • Ownership: Condo
  • Parcel Number: 20023120541004
  • Pets Allowed: Cats OK, Dogs OK
  • Property Type: Residential
  • Rebuilt Year: 2004
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Basement SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1
  • Bedrooms Possible: 1

Building Interior

  • Fireplace Location: Living Room

General Information

  • Basement: None
  • Cooling: Central Air
  • Fireplaces Total: 1
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Living Area: 900
  • Living Area Source: Estimated
  • Rooms Total: 4
  • Stories Total: 6

Unit Information

  • Unit Number: 203

Exterior

Parking Information

  • Parking Features: Assigned, Yes
  • Parking Total: 1

Lot Information

  • Lot Size Dimensions: CONDO
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Room Information

Room: Dining Room

  • Level: Main
  • Dimensions: COMBO

Room: Kitchen

  • Level: Main
  • Dimensions: 9X9

Room: Laundry

  • Level: Main
  • Dimensions: 5X7

Room: Living Room

  • Level: Main
  • Dimensions: 18X13

Room: Master Bedroom

  • Level: Main
  • Dimensions: 13X11

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Bedroom 2

  • Level: N/A

Room: Bedroom 3

  • Level: N/A

Room: Bedroom 4

  • Level: N/A

Room: Family Room

  • Level: N/A

4537 S Drexel Boulevard #203 Neighborhood

Community

60653 (CHICAGO) Demographics

35
Median Age
11,237
Population Density (per sq. mile)
43%
College Educated
$34,621
Estimated Median Income
4,433
Estimated Total Home Owners
11,501
Estimated Total Renters
28% / 72%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4537 S Drexel Boulevard #203 Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4537 S Drexel Boulevard #203 Market Data

Based on the last 30 days in this zip code

$445,053
Average List Price
$227
Average Price per Square Foot
19
Properties Sold
46
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

4537 S Drexel Boulevard #203 History

Date Event Value Agent
6/20/2026Source: MRED Status Change
Active
6/15/2026Source: MRED Added to Database
June 15, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022