4545 S Drexel Boulevard 3F, Chicago, IL 60653

$274,900 Asking Price

2 beds
2 baths
1,600  sqft

Glorious 2 bed/2 bath duplex up in the Observatory Condominiums, a Chicago historic landmark. The property includes 20 units total inside a stone mansion and adjoining former school. This unit, 3F, is in the School (entrance on 46th Street side of the property) on the 3rd and 4th floors, where each floor has an entrance into the unit. This building has an elevator which was recently restored. Be welcomed into the magnificent living room with high concrete ceilings, hardwood floors with electric fireplace which will heat up the room on cool nights and days. There is a large closet that can store coats, boxes, luggage and more! The sunny kitchen has cherry cabinets, stainless steel appliances, and granite countertops. Inside the utility closet there is a brand new furnace installed in Aug 2024 for energy efficiency (heating and cooling/central A/C), stacked washer and dryer and pantry shelving for storage. Nest thermostat allows for remote control access with temperature. Upstairs in the large primary bedroom has an astounding walk-in closet. The primary bath has a double sink vanity set into a cherry cabinet with drawers and cabinet space. The professionally landscaped, gated grounds have mature trees and benches for enjoying the private outdoor space. It is in a terrific location. This gem is blocks away from beautiful Lake Michigan! Access to the lakefront is effortless-either by the newly built pedestrian bridges or by the 47th St bridge. Walk score shows that it is very walkable and bikeable with great transit options. There is a shopping corridor on 47th St which boasts retail and dining options. Close by is the 53rd St entertainment center with great shopping and restaurants. Mariano's, Whole Foods and Trader Joe's are just minutes away. DuSable Lakeshore Drive (~1 mile) and the Dan Ryan Expressway (2 miles) and ~25 mins to Midway Airport. Mandrake Park is a few blocks north with a running track, great for exercise or a leisurely walk. Pet friendly community. A deeded parking space is included inside the gated and secured parking lot. The school has a new roof, houses 12 condo units and nicely maintained.

Features & Amenities

Interior

General:
Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Storage, Built-in Features, Walk-In Closet(s), Ceiling - 10 Foot, Open Floorplan, Some Carpeting, Some Window Treatment, Some Wood Floors, Granite Counters
Rooms:
Walk In Closet
Master Bath:
Whirlpool,Separate Shower,Double Sink,Soaking Tub
Appliances:
Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Dining:
Combined w/ LivRm
Laundry:
Gas Dryer Hookup, In Unit, Laundry Closet
Basement:
None
A/C:
Central Air
Heating:
Natural Gas, Forced Air
Fireplace:
Electric, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Brick,Stone,Limestone
Parking:
Assigned, Parking Lot, Secured, Parking spaces: 1

Location

HOA Amenities:
Bike Room/Bike Trails, Elevator(s), Ceiling Fan, Water, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, 415.0, Monthly
Originating MLS:
mred
School District:
299
County:
Cook

Lot

Zoning:
20023120511017

Utilities

Utilities:
Circuit Breakers, 100 Amp Service
Water:
Lake Michigan
Sewer:
Public Sewer

Financial

Source:
mred
Ownership:
Condo

This listing courtesy of:
@properties Christie's International Real Estate, Lisa Foster

About Chicago, IL

Housing

Number of Units
1,208,010
Median Home Value
$320,169
Median Rent
$1,131

55.74% of housing units are renter occupied.

9.90% are vacant.

Commute

Car
44.88%
Public Transportation
19.46%
Walk to Work
4.26%
Work from Home
29.59%
Other
0.70%

The median travel time to work is 27 minutes.

People

Population
2,658,686
Median Age
36.40
Median Household Size
2.54

Education

High School
22.12%
Associate’s Degree
5.76%
Bachelor’s Degree
24.28%
Graduate Degree
17.51%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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