5437 S Harper AVE Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60615
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
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
Building
Dwelling Type Multi Family 5+
Structure Type Brick