203/4537 South Drexel Boulevard

Chicago IL 60653

900 sq. ft.

Condo

Last sold for $170,000

Chavez Carter, last sold this property on 30 October 2026 after 136 days on market.

Overview

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.

Features

1 bedroom

1 bathroom

1 carspace

900 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Chicago over the last 12 months, the estimated median property value of 203/4537 South Drexel Boulevard is $142k.

Median value

$142k

Estimated value range

$110k - $217k

Median days on market

Estimated value trend

-26%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 203/4537 South Drexel Boulevard

2026

Sold

$170,000

30 Oct 2026 by Chavez Carter, of LPT Realty LLC

2019

Sold

$115,000

19 Feb 2019 by Juan Ventura, of REMAX 10 Lincoln Park | Chicago

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.