Kiser Group is pleased to exclusively present for purchase 6128 S. Prairie, a rarely available eight (8) unit multifamily building located in Chicago’s Washington Park neighborhood. The property sits adjacent to Hyde Park and is just blocks from the prestigious University of Chicago, as well as the future site of the Obama Presidential Library, positioning it within one of the city’s most dynamic and rapidly developing areas.
6128 S. Prairie is comprised of eight (8) total units, including six (6) 3Bd/1Ba units, one (1) 2Bd/1Ba unit, and one (1) 1Bd/1Ba unit. The apartments feature open floor plans with hardwood flooring throughout, high-end kitchens with granite countertops and stainless steel appliances, and modern bathrooms with custom finishes. Capital improvements include copper plumbing, updated porches, and individual HVAC systems and hot water tanks for each unit.
6128 S. Prairie presents investors with the opportunity to acquire a well-maintained, income-producing asset in one of Chicago’s fastest-growing neighborhoods. With an in-place cap rate exceeding 10%, 6128 S. Prairie offers immediate scale and strong, day-one cash flow.