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29693333
29693334

1209 E Madison Park, Chicago, IL 60615

SR
IL 471006648
Chicago Real Estate Resources Inc
Listed by Chicago Real Estate Resources Inc
$2,950,000
114 days on market
Updated 9 days ago

8-UNIT APARTMENT BUILDING IN HYDE PARK

Details
APN 20-11-212-143
Property Type Multifamily
Sub Type Apartment Building
Units 8
Cap Rate 6.98%
NOI $205,942
Buildings 1
Lot Size (SqFt) 6,000
Zoning RM-5

Multifamily | 8 Units | $368,750/unit

Marketing description

CRER is pleased to exclusively offer this stately 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.

Listing Contacts

SR
IL 471006648
Chicago Real Estate Resources Inc
Listed by Chicago Real Estate Resources Inc

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$205,942.00
$17,161.83/mo

Valuation Metrics

0
DSCR
6.98%
Cap Rate
6.98%
ROI

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