Bought with Sara McCarthy of Keller Williams ONEChicago
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Key Details
Sold Price -
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12608303
Sold Date -
Year Built 1916
Annual Tax Amount $21,117
Tax Year 2024
Lot Dimensions 6240
Property Sub-Type Multi Family 5+
Property Description
Separate tenant paid heat. Apartment building located near the University of Chicago, one of the most powerful institutional anchors in the Midwest. Hyde Park is known for stable tenant demand, timeless architectural character, and consistent long term appreciation. The location offers immediate access to the University of Chicago along with close proximity to Lake Michigan, Downtown Chicago, and accessible public transportation, all of which support a deep and dependable renter pool. This property is ideally suited for investors seeking a core Hyde Park position with strong in place income and durable long term value growth. The location drives consistently high demand, makes this an outstanding opportunity in one of the most resilient and historically stable multifamily submarkets in Chicago.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States