4537 Drexel Boulevard, Kenwood, Chicago, Illinois 60653
$185,000
|
For Sale
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| Status: | Active |
| Sqft: | 900 |
| Cost/Sqft: | $206 |
| Beds: | 1 |
| Baths: | 1 |
| Year Built: | 2004 |
| Property Taxes: | $3,135 |
| Days On Market: | 31 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Condos/Townhomes | |
| 6 | |
| — | |
| 2004 | |
| — | |
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| No | |
| — |
| Cook | |
| — | |
| 448 / Monthly | |
| — | |
| — | |
| — | |
| 12760987 | |
| 20023120541004 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 19 Feb, 2019 | Sold | $115,000 | MRED MLS |
| 20 Jan, 2019 | Under contract | $119,000 | MRED MLS |
| 14 Jan, 2019 | Listed for sale | $119,000 | MRED MLS |
| 29 Jan, 2024 | Listed for sale | $0 | MRED MLS |
| 16 Sep, 2026 | Listed for sale | $185,000 | MRED MLS |
Room Specifics
Total Bedrooms: 1
Bedrooms Above Ground: 1
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| CONDO | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $657 |
| 2026 | $3,135 |
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Listing Provided By
LPT Realty LLC
