6156 S Kenwood Ave - Apartments FOR SALE


Chicago, IL 60637- Woodlawn
$5,000,000 USD
312-610-1706
6156 S Kenwood Ave, Chicago, IL for Sale
$5,000,000 USD
Apartments - FOR SALE
1/9
null | 8.41% Cap Rate

6156 S Kenwood Ave
Chicago, IL 60637
Woodlawn


OVERVIEW

6156 is one block south of the esteemed University of Chicago. The property is configured in eight over-sized community pods with shared living and kitchen quarters, and three bathrooms, but private, secured bedrooms (ensuite options available). There are eight indoor secured parking spaces and ample, free nearby street parking is available. Most units are recently remodeled, and all common areas are refreshed and comfortable. The property is fenced and well-lighted and has multiple points of secured entry. All pods have balconies. The Hyde Park / Woodlawn area is fifteen minutes south of Downtown Chicago along its famed lakefront, minutes from the University and generously served by expressways and public transportation. The area is rapidly appreciating thanks to numerous economic drivers including the University, the Obama Presidential Library and countless cultural landmarks, new residential construction and commercial business investments.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$625 USD /SF

# OF UNITS

8

PRICE/UNIT

$625,000

CAP RATE

8.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1970

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,298 SF

ZONING

RM-5

APN/PARCEL ID

20-14-408-029-0000

ASK ABOUT THIS PROPERTY

Robert BermanNara Realty AdvisorsMore Info
312-610-1706

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Robert BermanNara Realty AdvisorsMore Info
312-610-1706

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.