Nearby rentals
Property management
Zero Deposit
Washer and dryer, a walk-in closet, stainless steel appliances, granite countertops, and gleaming hardwood floors create a polished and practical living space, while professionally landscaped grounds add curb appeal. The blend of updated finishes and convenient in-home features makes it appealing for those seeking comfort, style, and easy everyday living.
Things you’ll love
More spaceCovered parkingExtra StorageGreat for
Pet ownersFeatures
| Central Air | Fireplace |
| Hardwood Floor | High Ceilings |
| Natural Gas | Three Floors |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Laundry Room | Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space | Storage |
| Swimming Pool |
Services
| On-Site Management |
Other
| Exterior Type: Stone | Five Rooms |
| Roof Type: Asphalt |
One-time.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?
Property Status: Active 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 .. The Margie Smigel Group, LLC
How 4545 S Drexel Blvd, Chicago, IL 60653, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Kenwood |
|---|---|
| Zip code | 60653 |
| Type | Condo for rent |
2-bedroom apartments at 4545 S Drexel Blvd #2B cost about 12% more than the average rent price for 2-bedroom apartments in Chicago.
| Month | Median Rent |
|---|---|
| August 2024 | $2,702 |
| September 2024 | $2,706 |
| October 2024 | $2,704 |
| 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 | $2,548 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,882 |
| September 2024 | $1,866 |
| October 2024 | $1,919 |
| 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 | $2,321 |
Can I afford to live at 4545 S Drexel Blvd #2B?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$104,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $3,600 | 3 bed | 3 bath | ||
| 2 months ago | $3,600 | 3 bed | 3 bath | ||
| 2 months ago | $3,850 | 3 bed | 3 bath | ||
| 8 months ago | $1,850 | 2 bed | 1 bath | ||
| 1 year ago | $2,650 | 2 bed | 2 bath | ||
| 1 year ago | $2,300 | 2 bed | 1.5 bath | ||
| 1 year ago | $2,700 | 2 bed | 2 bath | ||
| 2 years ago | $2,600 | 2 bed | 2 bath | ||
| 2 years ago | $2,700 | 2 bed | 2 bath |
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Occupied
1 Bed
1 Bath
$1,395
High Ceilings • Hardwood Floor • Walk-In Closets
Occupied
2 Beds
1 Bath
$1,850
In-Unit Laundry • Dishwasher • Assigned Parking • Microwave
Occupied
2 Beds
2 Baths
$2,100
Central Heat • High Ceilings • Ceiling Fan • Hardwood Floor • Carpet • In-Unit Laundry
Occupied
2 Beds
2 Baths
$4,025
Furnished • On-Site Laundry • In-Unit Laundry
Occupied
3 Beds
2 Baths
$2,500
Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,685–$2,370
Kenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,499–$1,855
Near West Side • 1035 W Van Buren St
1–3 Beds
$2,814–$3,553
Lincoln Park • 1730 N Clark St
1–3 Beds
$3,364–$6,975
Near North Side • 1 E Delaware Pl
1–2 Beds
$2,862–$5,025
Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,685–$2,370
Kenwood • 4726 S Woodlawn Ave
1–2 Beds
$1,499–$1,855
Near West Side • 1035 W Van Buren St
1–3 Beds
$2,814–$3,553
Lincoln Park • 1730 N Clark St
1–3 Beds
$3,364–$6,975
Near North Side • 1 E Delaware Pl
1–2 Beds
$2,862–$5,025
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