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5465 S Everett Ave
Chicago, IL 60615 Hyde Park

$4,400,000 USD

Apartments For Sale  •  29,192 SF

Property Details

  • Property Type Apartments
  • Total Building Size 29,192 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1925
  • Zoning RM-6
64 Transit Score
87 Walk Score

Highlights

[30] Studio Units | [8] 1-Bedroom Units | [1] 2-Bedroom Units
This property benefits from it's proximity to the University of Chicago, many national retailers, as well as lakeside accessibility
The property is 100% occupied, demonstrating a solid demand for rental housing in the area
Current cap rate of 6.7%, projected to increase to 8.0% with market rents
Current rents are below market with the potential to increase to market
This property is steps from the 53rd/55th Street Metra Station, offering 15 minute access to downtown Chicago

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Tub/Shower
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
55th-56th-57th Street Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 2 min 10 min 0.5 mi
53rd Street Hyde Park Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 12 min 0.6 mi
Transit/SubwayDriveWalkDistance
55th-56th-57th Street Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 2 min 9 min 0.5 mi
53rd Street Hyde Park Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 12 min 0.6 mi
59th Street (University of Chicago) Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 18 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 21 min - 10.2 mi
Chicago O'Hare International 65 min - 28.4 mi
Robert Berman 312-610-1706 Nara Realty Advisors
Robert Berman 312-610-1706 Nara Realty Advisors