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4537 S Drexel Boulevard, Unit 203 Chicago, IL 60653

$210,000
Active / MLS# 12677833 / Residential - Condominium / Chicago
1 Beds
1 Bath
900 SqFt

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.

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Baird & Warner Victor Benoit Agent Cell: 630.935.1855 Email

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Estimated Payment

$ 1,237.17 per month $466.67 Principal & Interest $261.25 Property Tax $61.25 Homeowner's Insurance $448 HOA Fee
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Property Details

Property Type: Residential - Condominium
Basement: None
Cooling: Central Air
Fireplaces: 1
Heating: Natural Gas
Lot Size: CONDO
Stories: 6.0
Taxes: $3,135
Year Built: 2004

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: Heat, Water, Gas, Parking, Insurance, Security, Exterior Maintenance, Scavenger, Snow Removal, Internet
Exterior: Brick
Fireplace Location(s): Living Room
HOA Fee: 448/ Monthly
Laundry: In Unit
Lot Dimensions: CONDO
Parcel#: 20023120541004
Parking: Assigned, Yes
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 4
Township: Hyde Park
Water: Lake Michigan, Public

Room Information

Dining Room: COMBO
Kitchen: 9X9
Laundry: 5X7
Living Room: 18X13
Primary Bedroom: 13X11

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: LPT Realty LLC

Listing Office Phone: 877-366-2213



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