$250,000
SOLD AUG 25, 2025
2 Beds
2 Baths
1,250 Sq Ft
$541/mo HOA Fee

Recently Sold

$200 Per Sq Ft

45 Days on Market

Highlights

  • Open Floorplan
  • Granite Countertops
  • Stainless Steel Appliances
  • Wood Flooring
  • Elevator
  • 5-minute walk to Gwendolyn Brooks Park

About This Home

As of August 2025

Discover refined city living in the heart of historic North Kenwood at 4537 S Drexel Boulevard - a thoughtfully designed 2 bed /2 bath loft condo nestled on a primer, quiet, tree-lined street. This elevated first-floor residence impresses with soaring ceiling heights, hardwood floors throughout and a flowing open layout that enhances light and space ideal for everyday living and entertaining. The kitchen features sleek stainless steel appliances (new fridge 2025),granite countertops and island seating that flows effortlessly into the living/dining area with a gas fireplace creating subtle ambiance. Enjoy the rare luxury of an expansive private patio that seamlessly extends your living space outdoors. Designed to bring the outside in, this oversized patio creates a natural extension of the home - the ideal setting for dining, entertaining, relaxing or creating your own urban garden oasis! The spacious primary bedroom includes a walk in closet plus additional closet. Updated en-suite primary bath with dual vanity and walk in shower. The versatile second bedroom is perfect for a guest room, home office, or creative space and is complete with a full bath including dual vanity and tub/shower combination. Additional highlights include in-unit laundry (new washer/dryer 2025), two deeded parking spaces, a fully equipped fitness center and bike room! Just minutes from the University of Chicago, the lakefront, public transit, shops, dining, and the vibrant culture of Hyde Park. This home offers a rare blend of modern loft living, outdoor space, and urban accessibility. Don't miss an opportunity to be in the center of it all - Welcome home to Drexel Parc Lofts!

Last Agent to Sell the Property

Marissa Parrott

Compass Listed on: 06/16/2025

Compass

Co-Listed By

Colette Connelly

Compass License #475132938

Last Buyer's Agent

Amber Groves

Real People Realty License #475209150

Real People Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,094

Year Built

  • Built in 1918

Lot Details

  • Additional Parcels

HOA Fees

  • $541 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • Open Floorplan
  • Fireplace With Gas Starter
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Included in Price
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exercise facilities, exterior maintenance, scavenger, snow removal, internet
  • 52 Units
  • Justice Good Association, Phone Number (312) 335-1950
  • Property managed by FirstService Residential
  • 7-Story Property

Amenities

  • Common Area
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,094

Year Built

Built in 1918

Lot Details

0

HOA Fees

$541 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo,Courtyard
  • Ownership: Condo
  • EntryLevel: 1
  • New Construction: No
  • Property Sub-Type: Condo,Courtyard
  • Year Built: 1918
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Walk-In Closet(s), High Ceilings, Open Floorplan, Granite Counters
  • LivingArea: 1250
  • Other Equipment: TV-Cable, Intercom
  • Room Type: No additional rooms
  • Stories Total: 7
  • Window Features: Drapes
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick
  • List Price: 250000
  • Lot Features: Common Grounds
  • Patio And Porch Features: Porch
  • Roof: Rubber
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, On Site, Owned
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 541
  • Association Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: FirstService Residential
  • Management Contact Name: Justice Good
  • Management Phone: 312-335-1950X7

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exercise Facilities, Exterior Maintenance, Scavenger, Snow Removal, Other, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 20023120541109
  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3094.14
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2011
Sold by
Butler Veronica L and Wright Veronica L
Bought by
Edwards James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
4537 S Drexel Inc
Bought by
Wright Veronica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,900
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 Stewart Title Company
Warranty Deed $210,000 Near North National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $108,000 New Conventional
Closed $116,000 New Conventional
Closed $76,000 New Conventional
Previous Owner $209,900 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Sold $250,000 0.0% $200 / Sq Ft
07/31/2025 07/31/25 Pending -- -- --
06/16/2025 06/16/25 Price Changed $250,000 0.0% $200 / Sq Ft
06/16/2025 06/16/25 For Sale $250,000 -- $200 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,877 $22,077 $2,342 $19,735
2023 $2,756 $19,557 $2,342 $17,215
2022 $2,756 $19,557 $2,342 $17,215
2021 $3,263 $19,556 $2,341 $17,215
2020 $2,141 $12,714 $1,137 $11,577
2019 $2,128 $14,019 $1,137 $12,882
2018 $2,091 $14,019 $1,137 $12,882
2017 $1,039 $8,202 $936 $7,266
2016 $1,143 $8,202 $936 $7,266
2015 $1,022 $8,202 $936 $7,266
2014 $1,224 $9,163 $802 $8,361
2013 $1,449 $9,858 $802 $9,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12388704

Midwest Real Estate Data (MRED)

APN: 20-02-312-054-1114