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About the Listing 88441 - 1009342
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.
Listing Highlights
Status
Active
Days on Site
3
Property Type
Condo/Townhome
MLS ®
12703440
Year Built
2004
Total Square Footage
900
Lot/Acreage
CONDO
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces: 1
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Cats OK,Dogs OK
- Water: Lake Michigan,Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: CONDO
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Assigned,Yes
Financial Details
- Tax Amount: $3,135
- Taxes w/Assessments: N/A
- Tax/Property ID: 20023120541004
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Years
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Questions About..
4537 S Drexel Boulevard Unit 203 Chicago, IL 60653
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