Active · For Sale · Multi Family 5+

5200 S Woodlawn Avenue, Chicago, IL 60615

MLS opportunity selected in connection with 7022 S PERRY AVE, CHICAGO, IL 60621

MLS #12504257

5200 S Woodlawn Avenue, Chicago, IL 60615
5200 S Woodlawn Avenue, Chicago, IL 60615CRER
5200 S Woodlawn Avenue, Chicago, IL 60615

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5200 S Woodlawn Avenue, Chicago, IL 60615

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The property

Executive summary

This building is located in Hyde Park, one of the top rated Chicago communities. It also is one of the most culturally diverse neighborhoods in the City. It is adjacent to the major shopping area in Hyde Park and a short walking distance to the University of Chicago Campus. The mix of units include three 3-bedroom 2 full bathroom apartments, twelve 2-bedroom 2 full bathroom apartments and seven 2-bedroom 1 bathroom apartments. All units but one include individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All but two units have been fully rehabbed with new kitchens and appliances. Buildings like this seldom come on the market, don't miss this opportunity.

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Property Intelligence

Financial Snapshot

Reported Annual Income
$451,500
Reported Annual Expenses
$115,578
Estimated NOI
$335,922
Estimated Cap Rate
5.34%
Estimated GRM
13.93
Annual Taxes
$39,382 (2023)

Property Details

Units
22
Building Size
65,000 SF
Lot Dimensions
120X200
Stories
4
Year Built
1906
Building Age
Older
Zoning
MULTI
Parcel Number
20113120100000

Operations & Utilities

Heating
Central Heat/Indiv Controls
Cooling
Central Individual
Tenant Pays
Electricity, Heat
Electric
Circuit Breakers

Location & Use

County
Cook
Market Area
Chicago - Hyde Park
Township
Hyde Park
Present Use
Multi-Family
Location
Corner
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.