CRER is pleased to announce the sale of this stately apartment building located near the University of Chicago, one of the most powerful institutional anchors in the Midwest. Hyde Park is known for stable tenant demand, timeless architectural character, and consistent long term appreciation. The location offers immediate access to the University of Chicago along with close proximity to Lake Michigan, Downtown Chicago, and accessible public transportation, all of which support a deep and dependable renter pool.
This property is ideally suited for investors seeking a core Hyde Park position with strong in place income and durable long term value growth. The location drives consistently high demand, makes this an outstanding opportunity in one of the most resilient and historically stable multifamily submarkets in Chicago.
Two similar opportunities are still available:
- Hyde Park apartment building for sale with over $250,000 in gross income
- Hyde Park apartment building with over $300,000 in gross income
CRER Multifamily Brokerage Track Record in Chicago
CRER continues to service Chicago multifamily brokerage market with a proven history of maximizing value for apartment building sellers and identify opportunities for Buyers. Recent notable closings include:
- 8 Unit Apartment Building in Chicago’s Gold Coast
- Just Sold Top of Market Price per Unit in Washington Park
- Edgewater Value add Mixed-Use Sale at 5256 N Broadway
Thinking About Selling Your Chicago Apartment Building. Request a Confidential Valuation
If you own an apartment building in Chicago, now is a strategic time to explore a sale. Recent closings across the city show that properly marketed properties are achieving strong pricing even as interest rates fluctuate.
I specialize in helping owners:
- Determine true market value
- Identify value add potential
- Position their property to achieve maximum sale proceeds
- Navigate a confidential and efficient sales process
Whether you own a mid sized walk up, or a larger apartment asset, I would be happy to provide a confidential valuation and discuss current buyer demand in your submarket.
Contact Steven Rapoport Stevenr@crer.com at 847 863 2707
