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5118 S Dorchester Ave
Chicago, IL 60615
Ivy at Dorchester · Multifamily Property For Sale
·
75 Units
Investment Highlights
- Strong Location in the Hyde Park Neighborhood
- Walking Distance from University of Chicago
- Updated Apartment Finishes and Common Areas
- High-Curb Appeal Vintage Asset
- Professionally Managed and Well-Maintained Property
- Attractive, Assumable Financing In-Place at 4.53% Until 12/1/28
Property Facts
| No. Units | 75 | Building Size | 28,370 SF |
| Property Type | Multifamily | Average Occupancy | 84% |
| Property Subtype | Apartment | No. Stories | 7 |
| Apartment Style | Mid-Rise | Year Built | 1923 |
| Building Class | C | Cross Streets | Hyde Park Blvd |
| Lot Size | 0.20 AC | ||
| Zoning | RM-5 | ||
| No. Units | 75 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 28,370 SF |
| Average Occupancy | 84% |
| No. Stories | 7 |
| Year Built | 1923 |
| Cross Streets | Hyde Park Blvd |
| Zoning | RM-5 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | $932.50 | 348 |
| Studios | 20 | $932.50 | 353 |
| Studios | 5 | $985.00 | 394 |
| Studios | 15 | $950.00 | 318 |
| 1+1 | 5 | $1,125 | 553 |
| 1+1 | 5 | $1,345 | 519 |
| 2+1 | 1 | $1,595 | 879 |
Property Taxes
| Parcel Number | 20-11-402-021-0000 | Improvements Assessment | $462,281 |
| Land Assessment | $54,436 | Total Assessment | $516,717 |
Property Taxes
Parcel Number
20-11-402-021-0000
Land Assessment
$54,436
Improvements Assessment
$462,281
Total Assessment
$516,717
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