5437 S Harper AVE

Chicago,IL 60615

$ 1545000

- Bed

0 Bath

5490 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,490 sqft

Price per Sqft $281

MLS Listing ID 12145817

Maintenance Fees $1,200

Year Built 1897

Annual Tax Amount $11,255

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 3581

Property Description

Introducing 5437-5439 S. Harper, a rarely available center entrance six (6) unit apartment building located in a prime Hyde Park location. This irreplaceable address is next door to Trader Joe's, walking distance to 53rd shopping, the University of Chicago shuttle at Lake Park & 54th Street, Metra and 90/94 Expressway for easy commuting. Renovated in 2022-2023, the property features all 2-bed/2-bath apartments showcasing meticulously designed floor plans. Updates include new kitchens, stainless-steel appliances, dishwashers, in-unit laundry, refinished hardwood flooring, and modern bathroom finishes. In addition to its cosmetic finishes, the building also has new individual HVAC, new plumbing and electric service, rebuilt porches and a well-maintained roof. 5437-39 S. Harper is an incredible investment opportunity to acquire a renovated turn-key property in one of Chicago's most desirable neighborhoods. With exceptional cash-flow and minimal expenses this cash flowing asset generates strong income from day one. In an A+ Hyde Park location, nestled by the University of Chicago's campus, new ownership has the rare opportunity to acquire a stabilized investment providing a solid cash-on-cash return for many years to come.

Location

State IL

County Cook

Area Chi - Hyde Park

Zoning MULTI

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Structure Type Brick

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