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Jim Ziada

jimziada@gmail.com +1(708) 724-9621

$ 195,000

Est. payment -/mo

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Price Dropped by $15K

4537 S Drexel BLVD #203 Chicago, IL 60653

1 Bed

1 Bath

900 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $216

MLS Listing ID 12703440

Bedrooms 1

Full Baths 1

HOA Fees $448/mo

Rental Info Yes

Year Built 2004

Annual Tax Amount $3,135

Tax Year 2024

Lot Dimensions CONDO

Property Sub-Type Condo

Property Description

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.

Location

State IL

County Cook

Area Chi - Kenwood

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Central Air

Fireplaces Number 1

Fireplace Y

Laundry In Unit

Building

Dwelling Type Attached Single

Building Description Brick, Yes

Story 6

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

HOA Fee Include Heat,Water,Gas,Parking,Insurance,Security,Exterior Maintenance,Scavenger,Snow Removal,Internet

Ownership Condo

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK

Listed by Chavez Carter of LPT Realty LLC

Jim Ziada

Real Estate Agent | License ID: 471011117

+1(708) 724-9621

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Jim Ziada

4537 S Drexel BLVD #203 Chicago, IL 60653

Key Details

Location

Rooms

Interior

Building

Schools

Others

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4537 S Drexel BLVD #203