4545 S Drexel Boulevard Unit 3F
Chicago, IL 60653
- 2 beds
- 2 baths
- 1,600 sqft
- $171 per sqft
- – on site
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.
Last checked:
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Last updated Mar 18, 2025
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MLS# 12261710 —
The Building
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Rebuilt:No
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New Construction:false
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Basement:None
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Disability Access:No
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Other Equipment:TV-Cable, Security System, CO Detectors, Ceiling Fan(s)
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Stories Total:4
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Living Area Source:Estimated
Interior
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Room Type:Walk In Closet
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Rooms Total:5
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Interior Features: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
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Fireplaces Total:1
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Fireplace Features:Electric
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Fireplace Location:Living Room
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Laundry Features:Gas Dryer Hookup, In Unit, Laundry Closet
Room Dimensions
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Living Area:1600
Location
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Directions:47th and Drexel - North to Property - entrance on 46th Street
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Location:16379
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Location:17665
The Property
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Parcel Number:20023120511017
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Property Type:Residential
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Location:A
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Lot Size Dimensions:COMMON
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Rural:N
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Waterfront:false
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (312) 804-3465
- Office phone:
- (312) 254-0200
Taxes
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Tax Year:2023
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Tax Annual Amount:3003.29
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:2
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Full Baths:2
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Electric:Circuit Breakers, 100 Amp Service
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Water Source:Lake Michigan
Appliances
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Appliances:Range, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Subdivision Name:Observatory Condominiums
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Pets Allowed:Cats OK, Dogs OK
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Association Amenities:Bike Room/Bike Trails, Elevator(s), Ceiling Fan
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Association Fee:415
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Association Fee Includes:Water, Parking, Insurance, Security, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
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Association Fee Frequency:Monthly
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Parking Features:Assigned, Parking Lot, Secured
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Parking Onsite:Yes
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Parking Ownership:N/A
Monthly cost estimate

Asking price
$274,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,472
|
Taxes | $250 |
Insurance | $75 |
HOA fees | $415 |
Utilities | N/A |
Total | $2,212/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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2/3/25
Feb 3, 2025
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Pending | MRED | $274,900 | |
1/27/25
Jan 27, 2025
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Listed / Active | MRED | $274,900 |