Highlights
- Private balcony
- Washer and dryer
- Gas fireplace
- Open kitchen
- Elevators
- Granite counters
Nearby rentals
Property management
Strong location in Chicago’s Washington Park area with convenient access to public transit, local amenities, and nearby parks. The home offers a practical layout with good natural light, updated finishes, and building features that support easy urban living. It may appeal to buyers seeking a well-located condo with neighborhood convenience and low-maintenance ownership.
Things you’ll love
Great for
Features
| Balcony | Central Air |
| Fireplace | Hardwood Floor |
| Natural Gas | Walk-in Closet |
Appliances
| Dishwasher | Electric |
| In-Unit Laundry |
Community
| Elevator | Exterior Type: Brick |
| Laundry Room | Roof Type: Rubber |
Grounds
| Assigned Parking | Storage |
Other
| Five Rooms |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
Property Status: Active Terrific rental home in the highly regarded Drexel Parc Loft Condominiums on the boulevard. It's got everything everyone says they want. Hardwood floors in the main areas and hard surface floors in the bedrooms for easy care. It's just been custom painted throughout. Gas fireplace in the living room which opens to a private balcony. The kitchen is open to the living room with lots of maple cabinets, granite counters, and a granite peninsula with an overhang for stools. The stainless steel dishwasher and refrigerator were new in 2021, the washer and dryer were new in 2023, the microwave was new in 2025. Two spacious marble bathrooms. The primary bath has a double wide shower with glass doors and the hall bath has a deep soaking tub underneath a south facing window frosted for privacy but still glowing with sunshine. Both bathrooms have two-sink vanities with lots of storage and medicine cabinets. The primary bedroom has a deep walk-in closet and an additional closet. The second bedroom has a closet and there is a coat closet at the entrance. The windows have blinds or drapes. What's great about this condo is that everything is included except your electric bill. The gas for the heat, cooking and fireplace are covered in your rent. However, you have your own HVAC system which was replaced in 2023, so you can control how warm or cool you want to be any time of the year. The hot water is supplied by the building, so feel free to fill your tub with the hottest water that will never run out. Internet and Wi-Fi are also included as is your parking space P-14 in the secure lot that was repaved this year. There is a bike room and a great exercise room on the main floor and two elevators to get you to the 4th floor which is high enough to have a view. It's close to the University of Chicago and its hospitals, down the block from the new U of C Health Center, the shops and restaurants of 47th St, buses to the Loop, the Green Line, the Metra, Binneys, Ross, Walgreens and of course the Lakefront and its bike/walking path and DuSable Lake Shore Drive to the beaches, golf courses and the Loop. You'll be just north of Hyde Park with its terrific restaurants and shops including a Whole Foods, Target and Trader Joes. Bronzeville to the north and west is now home to trendy restaurants and galleries as well. Right out front of the building is the beautifully landscaped Drexel Boulevard and bike lanes. Office Phone: (312) 953-1466 Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. The Margie Smigel Group, LLC
How 4537 South Drexel Boulevard, Chicago, IL 60653, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Kenwood |
|---|---|
| Zip code | 60653 |
| Type | Condo for rent |
2-bedroom apartments at 4537 S Drexel Blvd #409 cost about 13% more than the average rent price for 2-bedroom apartments in Chicago.
| Month | Median Rent |
|---|---|
| October 2024 | $2,650 |
| November 2024 | $2,621 |
| December 2024 | $2,508 |
| January 2025 | $2,470 |
| February 2025 | $2,498 |
| March 2025 | $2,508 |
| April 2025 | $2,495 |
| May 2025 | $2,498 |
| June 2025 | $2,498 |
| July 2025 | $2,550 |
| August 2025 | $2,491 |
| September 2025 | $2,419 |
| October 2025 | $2,402 |
| November 2025 | $2,428 |
| December 2025 | $2,348 |
| January 2026 | $2,436 |
| February 2026 | $2,425 |
| March 2026 | $2,537 |
| April 2026 | $2,503 |
| May 2026 | $2,574 |
| June 2026 | $2,595 |
| July 2026 | $2,536 |
| August 2026 | $2,512 |
| September 2026 | $2,518 |
| October 2026 | $2,645 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,950 |
| November 2024 | $1,919 |
| December 2024 | $2,032 |
| January 2025 | $2,113 |
| February 2025 | $2,050 |
| March 2025 | $2,100 |
| April 2025 | $1,970 |
| May 2025 | $1,790 |
| June 2025 | $1,794 |
| July 2025 | $1,832 |
| August 2025 | $2,300 |
| September 2025 | $2,348 |
| October 2025 | $2,310 |
| November 2025 | $2,230 |
| December 2025 | $2,220 |
| January 2026 | $2,340 |
| February 2026 | $2,391 |
| March 2026 | $2,325 |
| April 2026 | $2,349 |
| May 2026 | $2,310 |
| June 2026 | $2,231 |
| July 2026 | $2,303 |
| August 2026 | $2,300 |
| September 2026 | $2,279 |
| October 2026 | $2,290 |
Can I afford to live at 4537 S Drexel Blvd #409?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$104,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 2 months ago | $2,200 | 2 bed | 2 bath | ||
| 1 year ago | $1,825 | 1 bed | 1 bath | ||
| 1 year ago | $2,600 | 2 bed | 2 bath | ||
| 1 year ago | $2,100 | 2 bed | 1 bath | ||
| 2 years ago | $2,300 | 2 bed | 2 bath | ||
| 2 years ago | $1,600 | 1 bed | 1 bath | ||
| 2 years ago | $1,600 | 1 bed | 1 bath | ||
| 3 years ago | $2,200 | 2 bed | 2 bath | ||
| 3 years ago | $1,500 | 1 bed | 1 bath |
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Occupied
1 Bed
1 Bath
$1,200
In-Unit Laundry • Air Conditioning • Hardwood Floor • Fireplace • Carpet • On-Site Laundry
Occupied
1 Bed
1 Bath
$1,600
In-Unit Laundry • Microwave • Hardwood Floor • Fireplace • Fitness Center • Carpet
Occupied
2 Beds
1 Bath
$1,300
In-Unit Laundry • Ceiling Fan • Air Conditioning • Hardwood Floor • Fireplace • Carpet
Occupied
2 Beds
2 Baths
$1,450
High Ceilings • In-Unit Laundry • Hardwood Floor • Fireplace • Carpet • On-Site Laundry
Occupied
2 Beds
2 Baths
$1,475
High Ceilings • In-Unit Laundry • Hardwood Floor • Fireplace • Carpet • On-Site Laundry
Occupied
2 Beds
2 Baths
$1,600
Hardwood Floor • Air Conditioning • Fireplace • Carpet • Balcony
Occupied
2 Beds
2 Baths
$1,650
In-Unit Laundry • Air Conditioning • Hardwood Floor • Fireplace • Carpet • On-Site Laundry
Occupied
2 Beds
2 Baths
$1,650
In-Unit Laundry • Air Conditioning • Hardwood Floor • Fireplace • Carpet • On-Site Laundry
Occupied
2 Beds
2 Baths
$1,650
Balcony • Carpet • Fireplace • Hardwood Floor
Occupied
2 Beds
2 Baths
$1,675
Ceiling Fan • Hardwood Floor • Fireplace • Walk-In Closets • Balcony
Occupied
2 Beds
2 Baths
$1,700
In-Unit Laundry • Air Conditioning • Hardwood Floor • Fireplace • Carpet • Walk-In Closets
Occupied
2 Beds
2 Baths
$1,700
High Ceilings • Air Conditioning • Hardwood Floor • Fireplace • Walk-In Closets • On-Site Laundry
Occupied
2 Beds
2 Baths
$1,700
Balcony • Walk-In Closets • Fireplace • Hardwood Floor
Occupied
2 Beds
2 Baths
$1,750
Balcony • Fireplace • On-Site Laundry
Occupied
2 Beds
2 Baths
$1,800
In-Unit Laundry • Hardwood Floor • Fireplace • Walk-In Closets • Balcony • Dishwasher
Occupied
2 Beds
2 Baths
$2,200
In-Unit Laundry • Microwave • Hardwood Floor • Fireplace • Fitness Center • Balcony
Occupied
3 Beds
1 Bath
$1,975
High Ceilings • Ceiling Fan • Air Conditioning • Central Heat • Hardwood Floor • Fireplace
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