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Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12685129
Maintenance Fees $5,000
Year Built 2000
Annual Tax Amount $28,658
Tax Year 2025
Lot Dimensions 10000
Property Sub-Type Multi Family 5+
Property Description
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.
Location
State IL
County Cook
Area Confidential Commercial Listings
Zoning COMMR
Rooms
Basement Finished
Interior
Cooling Central Air
Fireplaces Number 8
Fireplace Y
Building
Dwelling Type Multi Family 5+
Structure Type Brick
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Listed by Yolanda Jeffries of Lux Life Realty LLC