
4545 S Drexel Blvd, Chicago, IL 60653
What This Condo Offers
Landlord is looking for a longtime tenant who will appreciate this beautiful, unique space that includes secure parking and will want to settle in. The... Observatory Condominiums were converted in 2003 from an historic stone mansion and adjoining school. This unit in the mansion section has a unique shape and layout found only in this particular unit. You enter through the private foyer that includes a coat closet into the magnificent living room with high ceilings, gleaming hardwood floors, new track lighting and an electric fireplace which will heat up the room on cool nights and days. The sunny kitchen has cherry cabinets, stainless steel appliances, granite countertops and a decorative tiled backsplash. The washer and dryer were new in 2024. The hot water heater was replaced in 2023 and the refrigerator was new in 2021. New flooring. Both the living room and the kitchen have shutters which are elegant and provide both privacy and filtered sunlight from the south exposure. Through the kitchen is the 2nd bedroom which is currently being used as an office. A half bath and laundry closet are off the bedroom. The large primary bedroom has an astounding walk-in closet which is the size of a room all its own. Tall windows have blinds. The primary bath has a long double sink vanity set into a cherry cabinet with lots of drawers and cabinet space. There is a separate shower stall and a big whirlpool tub. At the end of the bathroom is yet another closet with several deep shelves for good storage. The professionally landscaped, gated grounds have mature trees and benches for enjoying the private outdoor space. The secure parking space is included in the rent. It is a terrific location. Walkscore says it is very walkable and very bikeable with good transit. Martin Luther King High School is just down the street a few blocks. The shopping corridor of 47th St boasts a Binneys, Ross, Walgreens and various places to take out food or eat in gracious surroundings. You are just a mile from the 53rd St entertainment center with great shopping and restaurants. Mariano's is just over a mile to the north. Whole Foods is east. Trader Joe's and the new Barnes and Noble at 55th St. The Cottage Grove bus stops one block west heading to the Loop and beyond or South to the U of C. The 47th St bus stops at the next corner. It's an easy walk or bus ride east to the Metra and to the express bus to the Loop. The University of Chicago and Hospitals are less than 10 blocks south. Mandrake Park is a few blocks north with its running track. The new pedestrian bridge to the lakefront and Oakwood Beach and Marina is a few blocks northeast and there is a bridge to the lakefront at 47th St as well. So lovely to watch the boats and enjoy the lake. The Bronzeville Winery is two short blocks away and is wowing the Chicago food critics. It is also a music venue with live music and DJs. There is Senegalese food down 47th St at Goree Cuisine and close by is Carver 47 Food and Wellness Market. Just west is Two Fish Crab Shack. Barbecue, coffee shops, and other places to eat and hang out are popping up nearby. The lush Drexel Boulevard parkway has recently refurbished paths for shady walks. It is a mere 10 minute drive to the Loop along the majestic Lake Shore Drive. You have your own HVAC unit and hot water heater with individual controls so you can always enjoy the temperature you like with no one else sharing your hot water. Experienced landlord is also a licensed designated managing broker in Illinois. The management of the building requires an application form and a refundable $500 move deposit. The landlord requires no security deposit or move-in fee. Current tenant moving out any day. Available August 1.Credit score over 700 required. No smoking and no pets. The building itself is quiet and carefully maintained. Owner has no plans to sell it, so you can settle in for the long-term. It's an opportunity to live in a dwelling like no other. Absolutely one of a kind.
Unit 2B
- $2,600
Total Monthly Price 12 Month Lease
- 2 Beds
- 2 Baths
- 1100 sq. ft.
- Available Now
Condo Features
- Air Conditioning
- Cable Ready
- Carpet
- Ceiling Fans
- Dining Room
- Dishwasher
- Double Pane Windows
- Family Room
- Fireplace
- Hardwood Floors
- Heating
- Intercom
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Stainless Steel Appliances
- Walk-In Closets
- Washer/Dryer
- Washer/Dryer Hookup
Community Features
- Garages
4545 S Drexel Blvd Unit 2B is a condo for rent in Chicago, IL
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
- Garage
- Street
Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Condo Details
Home Design
- Condominium
- Stone Siding
- Asphalt Roof
- Stone Foundation
- Entry on the 2nd floor
Interior Spaces
- Living Room with Fireplace
- Shutters
- Double Pane Windows
- Entrance Foyer
- Combination Dining and Living Room
- Ceiling Fan
- Family Room
- Window Screens
- Electric Fireplace
- 1100 Sq Ft Home
- 3-Story Property
- Blinds
Kitchen
- Stainless Steel Appliances
- Gas Cooktop
- Gas Oven
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Carpet
Bedrooms and Bathrooms
- Main Floor Bedroom
- Whirlpool Bathtub
- Walk-In Closet
- Bathroom on Main Level
- Separate Shower
- Dual Sinks
- 1.5 Bathrooms
- 2 Bedrooms | 2 Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Laundry on main level
- Washer
Home Security
- Intercom
Parking
- 1 Car Garage
- Side Facing Garage
- Assigned Parking
- On-Street Parking
- Parking Lot
- Parking Available
- Off Alley Parking
- Driveway
- Parking Included in Price
Lot Details
- Landscaped Professionally
- End Unit
- Corner Lot
- Fenced
Location
- Property is near park
Schools
- Robinson Elementary School
- Woodson South Elementary Middle School
- Dyett Academic Center High Schoo
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
- Public Water Source
- Individual Controls for Heating
- Lake Michigan Water
- 100 Amp Service
- Circuit Breakers
- Heating System Uses Natural Gas
- Public Sewer
- Storm Sewer
Listing and Financial Details
- Property Available on 2026-07-15
- 12 Month Lease Term
- Rent includes water, parking, scavenger, exterior maintenance, lawn care, snow removal
Community Details
Overview
- Lock-and-Leave Community
- 20 Units
- Mary Claire Newton Association, Phone Number (312) 666-0149
- Property managed by Hales Property Management, Inc.
- Observatory Condominiums Subdivision
Amenities
- Common Area
Pet Policy
- No Pets Allowed
Security
- Resident Manager or Management On Site
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
About the Listing Agent

In February of 2013, I opened my own Real Estate Brokerage: The Margie Smigel Group, LLC. After selling my shares in the brokerage I built with partners to become one of the 100 fastest growing inner city businesses in America, I tried the other real estate options. I went to a big franchise and found that I was not cut out to be a cog in the wheel. Then I moved to a small boutique firm, but found that I never felt accurately represented by the medium or the message. After spending 28 years doing honest, careful, creative real estate. I finally admitted to myself that only I could create the kind of business that reflects the specific alchemy of the way I work. So I embarked on the path of creating something new, based on the wealth of my experience. I am interested in directing my energies to a select group of buyers and sellers who want very personal and hands-on attention to their real estate needs. My skills and talents are in finding the very best values for my buyers and negotiating for them to get the home they want. I excel in maximizing the look and value of my sellers' properties in beautiful and innovative ways and in marketing them as creatively as possible to interested buyers. I have hired just a few of the best brokers in Chicago, so that there is always someone on the ground to make the magic happen. These are brokers who are coached by me to do my brand of exceptional business, so you will know that the right kind of attention will always be paid. I do not intend to build a big business, but rather a small and powerful one. I was privileged to serve on the Board of the Chicago Association of Realtors as a Director in 2009-2010 and have served and continue to serve on the Professional Standards Committee as a panel member at arbitration and ethics hearings as well as mediating disputes. I was also a Board Member of the CAR Education Foundation and am active in the Legislative Affairs Committee. Your real estate transaction, whether as a buyer or seller maybe be the most important (and exciting) challenge you will face this year. Let us help you succeed in doing it.
Area Scores
Walkability
Very walkable80 / 100
Transit
Good public transit70 / 100
Driveability
Moderately drivable60 / 100
Bikeability
Moderately bikeable70 / 100
Soundscore ™
Active76 / 100
Travel and Transit




Local Education
Colleges and Universities
School
Commute Time (Distance)
University of Chicago
Drive: 4 min (1.8 mi)
Ill. Inst. of Technology
Drive: 6 min (2.6 mi)
Columbia College Chicago
Drive: 10 min (4.9 mi)
Roosevelt University, Chicago
Drive: 11 min (5.5 mi)
Discover Kenwood, Chicago, IL
Shopping Centers
Shoppers will appreciate 4545 S Drexel Blvd Unit 2B proximity to 4351-4357 S Cottage Grove Ave, 700 E 47th St, and 48th & Cottage Grove. 4351-4357 S Cottage Grove Ave is 0.5 miles away, and 700 E 47th St is within a 7 minute walk.
Commuting
With a TransitScore of 70, 4545 S Drexel Blvd Unit 2B has good public transit, including 10 transit stops within 2.6 miles. Transit options include 47Th Street Station (Green Line) and 43Rd Street Station.
Parks and Recreation
Recreational activities near 4545 S Drexel Blvd Unit 2B are plentiful. Discover 5 parks within 2.3 miles, including Ellis Park, Washington Park, and Fuller Park.
Airports
Living in Kenwood provides easy access to Chicago Midway International, located just 17 minutes from 4545 S Drexel Blvd Unit 2B. Another nearby airport is Chicago O'Hare International, located 23.4 miles away.
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