• Rare Large Unit Mix – The property consists of six (6) oversized 3-bedroom units and one (1) 1-bedroom unit, offering an attractive layout for families and students seeking larger floorplans in a highly desirable Hyde Park corridor.
• Current ownership has maintained below market rents. Comparable renovated 3-bedroom units in the immediate area have recently achieved rents around $2,100/month.
• Hot water tanks in Unit
• Washer/Dryers in Unit
• Tenants pay for their own gas and electricity. Individual HVAC and hot water heaters.
• Hyde Park is widely recognized for its supply-constrained, high-demand rental market, complemented by a rich architectural character and historic housing stock.
• The property is positioned near several transformative developments throughout Hyde Park and Woodlawn, including the highly anticipated Obama Presidential Center, continued University of Chicago expansion, new retail investment, streetscape improvements, and broader Southside redevelopment initiatives.