RENTED NOV 2, 2025

4545 S Drexel Blvd Unit 1D Chicago, IL 60653

Kenwood Neighborhood

Estimated Value: $178,184 - $203,000

1 Bed
1 Bath
-- Sq Ft
2004 Built

Last Sold July 07, 2022

Last sale price $140,000

Est. 22% increase in value since last sale

Current estimated payment $1,080/month

Highlights

  • Lock-and-Leave Community
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Laundry Room
  • 4-minute walk to Gwendolyn Brooks Park

About This Home

As of November 2025

Charming 1BD/1BA Loft-Style Apartment in Historic Greystone Mansion! Experience the perfect mix of historic charm and modern living in this spacious one-bedroom, one-bath home located in a Daniel Burnham-designed greystone mansion, formerly a nunnery and schoolhouse. Featuring soaring ceilings, oversized windows, and exposed ductwork, this unique residence is filled with natural light and character. Enjoy hardwood floors, a cozy corner gas fireplace, and an open living and dining area perfect for entertaining. The modern kitchen includes granite countertops, stainless steel appliances, a dishwasher, and breakfast bar seating. Additional features include in-unit laundry (stackable washer/dryer), extra storage space, and a queen-sized bedroom with tall ceilings, a ceiling fan, and ample closet space. The full bath offers a large vanity and a tub/shower combo. Set within a beautifully maintained historic building close to transportation, dining, and shopping. Dogs welcome (2 max) - no cats, please. Don't miss this rare opportunity to live in a true Chicago landmark-schedule your showing today!

Last Agent to Rent the Property

Jacinta Dixon

eXp Realty Brokerage Phone: (773) 544-9257 License #475192690 Listed on: 10/24/2025

eXp Realty

Last Renter's Agent

Scott Fishman

Worth Clark Realty License #471022526

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 2004 | 2002

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 4-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Parking Available
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Property Available on 11/1/25
  • Rent includes heat, water, parking

Community Details

Overview

  • 20 Units
  • Observatory Condominiums Subdivision
  • Lock-and-Leave Community

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built | Renovated

2004 | 2002

Lot Details

0 Sq Ft Lot

Rental Info

  • Available Date: 2025-11-01
  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Rental Price: 1750
  • Is Parking Included in Price: Yes
  • Fees/Approvals: Credit Report,Move-in Fee
  • Max Pet Weight: 999

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • EntryLevel: 1
  • Property Attached: Yes
  • Subdivision Name: Observatory Condominiums
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2002
  • Actual Status: Rented
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (773) 544-9257
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 2004
  • Year Renovated: 2002

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas Log, Gas Starter
  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Storage
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Brick, Stone
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Off Street, On Site, Owned
  • ParkingTotal: 1

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Amenities: Security Door Lock(s)
  • Rent Includes: Heat, Water, Parking
  • Management: Manager Off-site,Monday through Friday

Lot Info

  • Lot Dimensions: COMMON
  • Rural (Y/N): N

Multi Family

  • Units in Building: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 28, 2022
Sold by
Wade Melissa
Bought by
Smith Michael C
Seller's Agent
Jeffrey Stewart
@properties Christie's International Real Estate
Buyer's Agent
Jacinta Dixon
eXp Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$170,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,250
Avg. Annual Appreciation
7.83%
Original Mortgage
$135,100
Outstanding Balance
$128,700
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$56,346

Purchase Details

Closed on
Aug 10, 2009
Sold by
Patterson Lisa Diane
Bought by
Wade Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
5.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2004
Sold by
Drexel Mansion Lp
Bought by
Patterson Lisa Diane
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Michael C $140,000 Proper Title
Smith Michael C $140,000 Proper Title
Wade Melissa $150,000 First American Title Ins Co
Patterson Lisa Diane $144,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael C $135,100
Closed Smith Michael C $135,100
Previous Owner Wade Melissa $147,283
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2025 11/02/25 Rented $1,750 0.0% --
10/29/2025 10/29/25 Under Contract -- -- --
10/24/2025 10/24/25 For Rent $1,750 0.0% --
07/07/2022 07/07/22 Sold $140,000 -3.4% -- View Prior Sale
05/25/2022 05/25/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $145,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2025 $2,329 $14,520 $3,141 $11,379
2024 $2,329 $14,520 $3,141 $11,379
2023 $1,559 $11,000 $3,141 $7,859
2022 $1,559 $11,000 $3,141 $7,859
2021 $1,542 $10,999 $3,140 $7,859
2020 $1,241 $8,672 $1,525 $7,147
2019 $1,232 $9,563 $1,525 $8,038
2018 $1,210 $9,563 $1,525 $8,038
2017 $668 $6,479 $1,256 $5,223
2016 $798 $6,479 $1,256 $5,223
2015 $707 $6,479 $1,256 $5,223
2014 $1,487 $10,585 $1,076 $9,509
2013 $1,447 $10,585 $1,076 $9,509
Source: Public Records

Agents Affiliated with this Home

  • Jacinta Dixon

    Landlord's Agent in 2025

    Jacinta Dixon

    eXp Realty

    (773) 544-9257

    1 in this area

    23 Total Sales

    Jacinta Dixon
    Section Image
  • Scott Fishman

    Tenant's Agent in 2025

    Scott Fishman

    Worth Clark Realty

    (773) 316-5409

    179 Total Sales

    Scott Fishman
    Section Image
  • Jeffrey Stewart

    Seller's Agent in 2022

    Jeffrey Stewart

    @ Properties

    (309) 269-3499

    2 in this area

    66 Total Sales

    Jeffrey Stewart
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12503839

Midwest Real Estate Data (MRED)

APN: 20-02-312-051-1004

Illinois Cook County Chicago 60653 Kenwood

4545 S Drexel Blvd Unit 1D, Chicago, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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