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Listed by Chavez Carterof LPT Realty LLC
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Est. payment /mo
Price Dropped by $5K
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
MLS Listing ID 12677833
Bedrooms 1
Full Baths 1
HOA Fees $448/mo
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
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air
Fireplaces Number 1
Fireplace Y
Laundry In Unit
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Pets Allowed Cats OK, Dogs OK
HOA Fee Include Heat,Water,Gas,Parking,Insurance,Security,Exterior Maintenance,Scavenger,Snow Removal,Internet
Ownership Condo
Special Listing Condition None
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