Active · For Sale · Multi Family 5+

5140 S Kimbark Avenue, Chicago, IL 60615

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

MLS #12504259

5140 S Kimbark Avenue, Chicago, IL 60615
5140 S Kimbark Avenue, Chicago, IL 60615CRER
5140 S Kimbark Avenue, Chicago, IL 60615

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5140 S Kimbark 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 four 4-bedroom 3 full bathroom apartments, two 4-bedroom 2 full bathroom apartments and a garden apartment with three bedrooms and 2 bathrooms. All units have individual heating and air conditioning with washer and dryer. All have hardwood floors and interior entry. All units have been fully rehabbed with new kitchens and appliances. Buildings like this seldom come on the market, don't miss this opportunity.

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$227,520
Reported Annual Expenses
$72,263
Estimated NOI
$155,257
Estimated Cap Rate
5.19%
Estimated GRM
13.14
Annual Taxes
$31,195 (2023)

Property Details

Units
7
Lot Dimensions
60 X 150
Stories
4
Year Built
1912
Building Age
Older
Zoning
MULTI
Parcel Number
20114000200000

Operations & Utilities

Heating
Gas
Cooling
Central Individual
Tenant Pays
Electricity, Heat

Location & Use

County
Cook
Market Area
Chicago - Hyde Park
Township
Hyde Park
Present Use
Multi-Family
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.