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Karen Arenson

[email protected] +1(773) 501-6201

Listed by Margie Smigelof The Margie Smigel Group, LLC

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4545 S Drexel Boulevard #2B Chicago, IL 60653

2 Beds

1.5 Baths

1,100 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Lease

Listing Status Active

Purchase Type For Rent

Square Footage 1,100 sqft

Subdivision Observatory Condominiums

MLS Listing ID 12662461

Bedrooms 2

Full Baths 1

Half Baths 1

Available Date 2026-10-01

Lot Dimensions COMMON

Property Sub-Type Residential Lease

Property Description

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 is in the mansion section and 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. Both the living room and the kitchen have shutters (formerly known as Plantation Blinds) 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 is moving out at end of September. Credit score over 680 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.

Location

State IL

County Cook

Community Park

Rooms

Basement None

Interior

Interior Features 1st Floor Bedroom, 1st Floor Full Bath

Heating Natural Gas, Forced Air, Indv Controls

Cooling Central Air

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Electric

Furnishings No

Fireplace Y

Appliance Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven

Laundry Main Level, Washer Hookup, Gas Dryer Hookup, In Unit, Laundry Closet

Exterior

Community Features Elevator in Residence, Security Door Lock(s)

Utilities Available Cable Available

View Y/N true

Roof Type Asphalt

Building

Lot Description Common Grounds, Corner Lot, Landscaped

Foundation Stone

Sewer Public Sewer, Storm Sewer

Water Lake Michigan, Public

Structure Type Stone

Schools

Elementary Schools Robinson Elementary School

Middle Schools Woodson South Elementary School

High Schools Dyett Academic Center High Schoo

School District 299, 299, 299

NEARBY SCHOOLS & PROPERTIES

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

Karen Arenson

4545 S Drexel Boulevard #2B Chicago, IL 60653

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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4545 S Drexel Boulevard #2B

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