5432-32 Drexel Ave
Chicago, IL 60615
$6,000,000
Price
Sq. Ft.
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Executive Summary

CRER is pleased to exclusively offer this exceptional Hyde Park multifamily portfolio consisting of (3) stately apartment buildings located near the University of Chicago, one of the most powerful institutional anchors in the Midwest. Together the buildings feature an impressive (81) bedrooms and (43) bathrooms across (22) oversized residential units averaging 1,377 sf per unit. The expansive layouts average 3.7 bedrooms and 2 baths per unit. The properties are situated in the heart of Hyde Park, a premier Chicago neighborhood 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 portfolio is ideally suited for investors seeking a core Hyde Park position with strong in place income and durable long term value growth. The combination of scale, location, and consistently high demand makes this an outstanding opportunity in one of the most resilient and historically stable multifamily submarkets in Chicago.

Property Location

Chicago » 60615 » 5432-32 Drexel Ave

Property Details

Status Active
Property Type Multifamily
Price $6,000,000

Portfolio Properties

1209 E Madison Park
Chicago , 60615
1210 E Hyde Park Blvd
Chicago , 60615
5124 S. University Ave
Chicago , 60615

Broker Contact

Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

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Chicago Property Management Services

CRER Is Expanding Its Property Management Portfolio

At CRER, we pride ourselves on being more than just a Property Management Company. We are partners in your success.
Our commitment is to safeguard your property's value and maximize its income potential. From our Lease Management to Advanced Tenant Screening, we ensure every detail is managed with precision.

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CRER Client

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"As a property owner who has worked with CRER, I've found their approach to multi-family property management both professional and effective, particularly in their responsiveness to maintenance issues and their skill in balancing the needs of owners and tenants."



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