The property
Executive summary
SHORT SALE - LENDER APPROVAL REQUIRED. LIST PRICE IS NOT LENDER-APPROVED SHORT SALE PRICE. Exceptional opportunity to acquire a large multifamily asset featuring approximately 38 beds and offering potential for shared housing, student housing, workforce housing, co-living, mid-term rental, or short-term rental strategies. Located in close proximity to the University of Chicago and major educational, healthcare, employment, and redevelopment corridors, this property offers investors an opportunity to acquire a large-scale housing asset in an established Chicago market. The property's layout and scale may be particularly attractive to operators focused on shared housing, student accommodations, workforce housing, furnished housing, or alternative residential investment models. Its proximity to the University of Chicago, major medical institutions, transportation, and continued neighborhood investment provides multiple potential pathways for income generation and long-term value creation.