Address
1347 East Hyde Park Boulevard Chicago, IL
Price
$ 1,275,000
Property Attributes
  • MLS#10626000
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Hyde Park
  • NeighborhoodHyde Park
  • Zip60615
  • Style
  • Year Built1912
  • Taxes12651
  • Price$ 1,275,000
  • Bedrooms15
  • Full Bathrooms10
  • Half Bathrooms0
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Ettinger Realty, Ltd.
Property Description

Rare opportunity to acquire fully leased, over-sized three (3) unit apartment building in prime Hyde Park Location. Each unit is enormous and features over 3000 SF with 9 rooms, 5 bedrooms and 3 baths. Total building size is 11,125 SF! Potential for 4th unit in usable basement with high ceilings. All 3 units have been rented for the past 10 yrs to a Not for Profit organization affiliated with the University of Chicago, that provides student housing and helps prepare students for urban life. Gross income is over $120,000 year. Hyde Park was one of the three (3) strongest neighborhood housing markets for 2019 according to Crain's Chicago Business. Close to public transportation, numerous parks, Lake Michigan, shopping, restaurants, entertainment venues and home to the University of Chicago, Hyde Park has seen a tremendous influx of multi-million dollar residential, commercial and hotel developments. Properties like this rarely come on the market.

Elementary School Middle School High School
Shoesmith Elementary School Canter Middle School Kenwood Academy High School
Price History
2/3/2020 Listed $1,475,000
3/9/2020 7% - $1,375,000
5/26/2020 8% - $1,275,000

General Features

Age 100+ Years
Basement Full
Built Before 1978 Yes
Directions Take Hyde Park Blvd to Kenwood. Property is located at Southeast corner of Hyde Park Blvd. and Kenwood.
District Elementary School 299
District High School 299
District Middle/Junior School 299
Electric Expense 1049
Elementary School Shoesmith Elementary School
High School Kenwood Academy High School
Middle/Junior School Canter Middle School
Ownership Fee Simple
Rehab No
Status Active
Tax Year 2018
Taxes 12651.82
Type-Multi 3 Flat, 3 Story Unit/s
Waterfront No
Year Built 1912
Zoning MULTI

Interior Features

Appliances/features Unit 1 Stove, Refrigerator, Dishwasher, Microwave
Appliances/features Unit 2 Stove, Refrigerator, Dishwasher, Microwave
Appliances/features Unit 3 Stove, Refrigerator, Dishwasher, Microwave
Basement Description Partially Finished
Corporate Limits Chicago
Floor # - Unit 3 3
Full Baths 10
Heater Fuel Type Gas
Prop Type Two to Four Units
Total Bathrooms 10
Total Rooms 27
Unit Type 2 Rooms 9
Unit Type 3 Rooms 9

Exterior Features

Modificationtimestamp 2020-06-01T05:05:58
Acreage .09
Lot Dimensions 46.3 X 90
Lot Features Corner
Lot Size Area Less Than .25 Acre
Photo Date 2020-03-09T19:24:21
Roof Asphalt/Glass (Rolled), Flat Roof
Sewer Sewer-Storm
Water Source Lake Michigan

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60615

Price
AVG $960K
$1.28M
Taxes
AVG $8,105
$12,651
Visits
AVG 46
53
Year Built
AVG 1915
1912
Walkscore
AVG 77
90
Data Provided by Walkscore ® not using MLS data