Kiser Group is pleased to exclusively present for purchase The Victorian, a sixty-four (64) unit building located at 5326-28 S. Cornell Ave. Situated in a premier location in one of Chicago's most rapidly appreciating neighborhoods, the asset is ideally located just blocks away from the University of Chicago, downtown Hyde Park, and Lake Michigan.
The Victorian is comprised of forty (40) studios and twenty-four (24) 1bd/1ba units. All of which, however, are meticulously maintained. Recent improvements to the buildings include, but are not limited to, updated electric, newer windows & porches, and an abundance of masonry & tuckpointing work.
The Victorian presents an investor with the opportunity to acquire sixty-four (64) 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.?