5220-5224 S Harper Ave | Chicago, IL 60615
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- LoopNet Team
5220-5224 S Harper Ave
Chicago, IL 60615
5220 S HARPER AVE · Multifamily Property For Sale
·
66 Units
INVESTMENT HIGHLIGHTS
- This investment opportunity consists of 64 apartment units, and 2 commercial suites with a unit mix of studio and 1-bedroom units.
- The asset is strategically located within the Hyde Park community, home of former president Barack Obama.
- Proximity to the University of Chicago and the UChicago Medicine campus makes this an ideal home for students, faculty, staff or any renter commuting
- Each apartment features spacious layouts, fully equipped kitchens, standard bathrooms, and controlled access.
- Residents benefit greatly from its access to national retailers, shopping centers, coffee shops, restaurants, grocery stores, parks, and museums.
- Public transportation is also available and if you enjoy walking or biking, this neighborhood offers a walk score of 82 and a bike score of 95.
PROPERTY FACTS
| No. Units | 66 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 29,300 SF |
| Property Subtype | Apartment | Average Occupancy | 91% |
| Apartment Style | Mid-Rise | No. Stories | 5 |
| Building Class | C | Year Built | 1926 |
| Zoning | R-5 - Residential | ||
| No. Units | 66 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 29,300 SF |
| Average Occupancy | 91% |
| No. Stories | 5 |
| Year Built | 1926 |
| Zoning | R-5 - Residential |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- On-Site Retail
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 102 | $838.00 | 460 |
| 1+1 | 5 | $974.00 | 625 |
PROPERTY TAXES
| Parcel Number | 20-11-411-018-0000 | Improvements Assessment | $512,315 |
| Land Assessment | $69,285 | Total Assessment | $581,600 |
PROPERTY TAXES
Parcel Number
20-11-411-018-0000
Land Assessment
$69,285
Improvements Assessment
$512,315
Total Assessment
$581,600
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