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5465 S Everett Ave
Chicago, IL 60615
Everett Apartments · Multifamily Property For Sale
·
39 Units
Investment Highlights
- Walking Distance to Lake Michigan
- New Rubber Roof Overlay 2021
- New Boiler Heating Control System and Steam Return lines throughout the property Installed 2021
- Vinyl windows have been installed through the whole property
Executive Summary
We are pleased to present a compelling opportunity to
acquire a 39-unit multifamily asset located in the highly
sought-after Hyde Park neighborhood of Chicago.
This property offers durable in-place cash flow and
represents a strong addition to any investment portfolio.
The unit mix consists of 31 studio units, 7 one-bedroom
units, and 1 two-bedroom unit—well-positioned to capture
consistent rental demand driven by its close proximity to
the University of Chicago. Residents benefit from
immediate access to Hyde Park’s vibrant amenities,
including museums, parks, restaurants, and retail
destinations.
Situated just minutes south of Chicago’s central business
district (The Loop), the property combines neighborhood
charm with urban accessibility, supporting long-term
tenant demand and value stability. Overall, this offering
presents an attractive opportunity to acquire a well
located, income-generating asset in one of Chicago’s
most resilient and supply-constrained rental submarkets
acquire a 39-unit multifamily asset located in the highly
sought-after Hyde Park neighborhood of Chicago.
This property offers durable in-place cash flow and
represents a strong addition to any investment portfolio.
The unit mix consists of 31 studio units, 7 one-bedroom
units, and 1 two-bedroom unit—well-positioned to capture
consistent rental demand driven by its close proximity to
the University of Chicago. Residents benefit from
immediate access to Hyde Park’s vibrant amenities,
including museums, parks, restaurants, and retail
destinations.
Situated just minutes south of Chicago’s central business
district (The Loop), the property combines neighborhood
charm with urban accessibility, supporting long-term
tenant demand and value stability. Overall, this offering
presents an attractive opportunity to acquire a well
located, income-generating asset in one of Chicago’s
most resilient and supply-constrained rental submarkets
Property Facts
| Price Per Unit | $102,564 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.26 AC |
| No. Units | 39 | Building Size | 29,192 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Zoning | RM-6 | ||
| Price Per Unit | $102,564 |
| Sale Type | Investment |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 29,192 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1925 |
| Zoning | RM-6 |
Amenities
Unit Amenities
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Window Coverings
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | 327 |
| 1+1 | 8 | - | 905 |
| 2+1 | 1 | - | 950 |
Property Taxes
| Parcel Number | 20-12-114-031-0000 | Improvements Assessment | $206,746 |
| Land Assessment | $69,440 | Total Assessment | $276,186 |
Property Taxes
Parcel Number
20-12-114-031-0000
Land Assessment
$69,440
Improvements Assessment
$206,746
Total Assessment
$276,186
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