5017 S Drexel Blvd - Apartments FOR SALE


Chicago, IL 60615- South Chicago
$5,600,000 USD
312-610-1074
5017 S Drexel Blvd, Chicago, IL for Sale
$5,600,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

5017 S Drexel Blvd
Chicago, IL 60615
South Chicago


HIGHLIGHTS

  • Professional Investment Memorandum Available Upon Request
  • Favorable Mix of Seven 5BD/3BA Units and One 3BD/3BA Unit
  • Brand New Redevelopment: Designer Finishes and Fully Furnished Units
  • Furnished Units Half of The Units Rented as Short/Mid-Term Rentals Through Airbnb and Booking.com
  • Blocks From Proposed $100M Northwestern Medical Center, University of Chicago, and Future Obama Presidential Library Site
  • Target for Student Housing or Rotational Housing for the Hospital

OVERVIEW

Essex Realty Group, Inc. has been exclusively engaged to market for sale 5017 S Drexel Blvd, an 8-unit multifamily property in Chicago's Hyde Park neighborhood.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$700 USD /SF

# OF UNITS

8

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

20-11-114-002-0000

ASK ABOUT THIS PROPERTY

Robert BermanEssex Realty GroupMore Info
312-610-1074

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Robert BermanEssex Realty GroupMore Info
312-610-1074

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.