Everett Apartments
Multifamily | 39 Units Hyde Park
Marketing description
We are pleased to present a compelling opportunity to acquire a 39-unit multifamily asset located in the highly sought-after Hyde Park neighborhood of Chicago.
This property offers durable in-place cash flow and represents a strong addition to any investment portfolio. The unit mix consists of 31 studio units, 7 one-bedroom units, and 1 two-bedroom unit-well-positioned to capture consistent rental demand driven by its close proximity to the University of Chicago. Residents benefit from immediate access to Hyde Park's vibrant amenities, including museums, parks, restaurants, and retail destinations.
Situated just minutes south of Chicago's central business district (The Loop), the property combines neighborhood charm with urban accessibility, supporting long-term tenant demand and value stability. Overall, this offering presents an attractive opportunity to acquire a well-located, income-generating asset in one of Chicago's most resilient and supply-constrained rental submarkets.
Investment highlights
- High rental demand area
- Rental upside potential
- Walking distance to Lake Michigan
- Fully occupied
- Low maintenance
- All vinyl windows
- Newer boiler (10 years old)
- New roof rubber overlay (2021)
- New boiler heating control system (2021)
- New steam return lines throughout entire property (2021)
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