6210 S Kimbark Ave
Chicago, IL 60637
Featherfist Apartments · Specialty Property For Sale · 25,525 SF

Built in 1926, the Property contains one, four-story building, totaling ±25,525 SF positioned on a ±0.19 AC lot. All apartments are studios. The Property is operating on a master lease and occupied by Featherfist on a 10-year lease through March 31, 2023. Founded in 1984, Featherfist was established with the mission to eliminate homelessness by giving 'power and purpose' to the homeless community by assisting them in their advancement toward self-sufficiency and self-determination. Featherfist is a city wide not-for-profit social service agency that provides housing and supportive services and housing services to the homeless community throughout Chicago and neighboring suburbs. Chicago is a cosmopolitan metropolis with a population approaching 3 million residents, a gorgeous lakefront, world-class cultural establishments and offers world-class attractions, including some of the world's best shopping, dining, museums, architecture, theater, music, sports and much more. Chicago is centrally located, has convenient transportation, and is also an international business center with a diverse, powerhouse economy, and headquarter to more than 30 Fortune 500 companies. Heatherfist Apartments are located in the Woodlawn neighborhood of Chicago. Woodlawn is located on the south side of Chicago, only eight miles from downtown Chicago. The community is bounded by Lake Michigan to the east, 60th Street to the north, Martin Luther King Drive to the west, and 67th Street to the south. Just north is Hyde Park and the University of Chicago, and to Woodlawn’s east are the South Shore neighborhood and Jackson Park, one of the city’s premier parks and golf courses. As the home of the planned Obama Presidential Center, the neighborhood has received much spotlight lately. The project is expected to be a major economic boost for the area and provide thousands of jobs in the neighborhood. Plans to build the Obama Presidential Center in Jackson Park on the eastern edge of Woodlawn have led to real estate speculation. Residents have already seen their home values rise and the area’s first new grocery store in more than 50 years will open this year. Featherfist Apartments is located in an extremely dense residential area. The Property is located near numerous local point of interest including The University of Chicago (±0.5 miles), South Shore Cultural Center, La Rabida Children’s Hospital, the planned Obama Presidential Center, Jackson Park and Washington Park — home to the Museum of Science and Industry and DuSable Museum of African American History, respectively. Featherfist Apartments offers buyers an opportunity to acquire a master leased, 53-unit apartment asset with stable income and long term upside opportunities.