Introducing 5471 S. Ridgewood Court, a rarely available multi-family property in the highly coveted Hyde Park neighborhood. This distinguished center entrance building embodies a timeless allure, showcasing the iconic historic architecture of Chicago while seamlessly integrating modern amenities within each unit. The building is comprised of six (6) 2-bedroom / 1-bathroom apartments and has been meticulously maintained by professional management.
Location makes this property especially attractive to students and faculty members. All of University of Chicago’s main buildings (school of business, engineering, humanities, and library) are within short walking distance. Each apartment presents an irresistible fusion of sought-after attributes, including open floor plans, spacious living areas, well-appointed bedrooms, and an abundance of natural light. The units have been thoughtfully enhanced with updated kitchens, and the building benefits from a meticulously cared for boiler system.
Pro Forma Cap-Rate
Irreplaceable Hyde Park Location.
All Six (6) Units Underwent Extensive Renovations in 2014.
Proximity to University of Chicago allows for Strong Student Tenant Base.
Well Maintained Property + Ability to Add-Value.