Kiser Group is pleased to exclusively present for purchase The Woodlawn House Apartments, an eighty-five (85) unit apartment at 5210-14 S. Woodlawn Ave. Situated in premier locations in one of Chicago's most rapidly appreciating neighborhoods, the assets are ideally located just blocks away from the University of Chicago, downtown Hyde Park, and Lake Michigan.
The Woodlawn House is comprised of forty-five (45) studios and forty (40) 1bd/1Ba units. All of which, however, are meticulously maintained. Recent improvements to the buildings include, but are not limited to, a modern boiler with an R&D control system, newer windows & porches, and an abundance of masonry & tuckpointing work. The Woodlawn House also has an on-site leasing office, gym, and bike room.
The Woodlawn House presents an investor with the opportunity to acquire Eighty-Seven (85) units in the heart of Chicago's Hyde Park neighborhood. This offering presents a sizable asset in a neighborhood with limited sales activity, making it an attractive proposition for investors seeking immediate economies of scale and potential for further value enhancement.