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Multifamily

5140 South Woodlawn Avenue

5140 S Woodlawn Ave, Chicago, IL 60615

Listing Price: $5,900,000

Cap Rate
7.35%
Number of Units
51
GRM
8.56
Occupancy
100.0%
Price/Unit
$115,686
Price/Gross SF
$185.39
Gross SF
31,824

Investment Overview

INVESTMENT SUMMARY:
Marcus & Millichap is pleased to present 5140 S. Woodlawn Avenue, a 51- unit multifamily mid-rise property located in the highly desirable Hyde Park neighborhood of Chicago, Illinois. Built in 1927, this well-maintained four-story apartment building occupies a 0.23-acre lot, features robust rental demand, opportunity to add value, and long-term appreciation potential.

UNIT MIX

• 33 Standard Studio Apartments
• 15 Large Studio Apartments
• 1 One-Bedroom Apartment
• 2 Two-Bedroom, One-Bathroom Apartments

LOCATION ADVANTAGES

Located in the heart of Hyde Park, this property is in close proximity to world-class institutions, strong employment centers, and excellent transit options:
• University of Chicago – A major demand driver, attracting students, faculty, and professionals.
• Museum of Science and Industry & Jackson Park – Enhancing the area’s cultural
and recreational appeal.
• Public transit access –
o Walking distance to the Metra Electric District (51st/53rd Street station) for a 15-minute commute to downtown Chicago.
o Multiple CTA bus routes and the Green Line L station provide easy citywide access.
o A short drive to Lake Shore Drive and I-90/94, making commuting seamless.

Investment Highlights

  • EXCEPTIONAL LOCATION: Within One of Chicago's Most Sought-After Neighborhoods
  • VALUE ADD POTENTIAL: Annual Gross Rental Income more than $100,000 Below Market.
  • FULLY STABILIZED: Proven Rental Demand with 100 Percent Occupancy.
  • ASSUMABLE FANNIE MAE DEBT: 3.11 Percent Interest Rate | Current Loan Balance: ~$2,350,000 | Maturity Date: August 2030

Exclusively Listed By

Financing By

Multifamily

5140 South Woodlawn Avenue

Listing Price: $5,900,000

Cap Rate
7.35%
Number of Units
51
GRM
8.56
Occupancy
100.0%
Price/Unit
$115,686
Price/Gross SF
$185.39
Gross SF
31,824

Investment Highlights

  • EXCEPTIONAL LOCATION: Within One of Chicago's Most Sought-After Neighborhoods
  • VALUE ADD POTENTIAL: Annual Gross Rental Income more than $100,000 Below Market.
  • FULLY STABILIZED: Proven Rental Demand with 100 Percent Occupancy.
  • ASSUMABLE FANNIE MAE DEBT: 3.11 Percent Interest Rate | Current Loan Balance: ~$2,350,000 | Maturity Date: August 2030

Investment Overview

INVESTMENT SUMMARY: Marcus & Millichap is pleased to present 5140 S. Woodlawn Avenue, a 51- unit multifamily mid-rise property located in the highly desirable Hyde Park neighborhood of Chicago, Illinois. Built in 1927, this well-maintained four-story apartment building occupies a 0.23-acre lot, features robust rental demand, opportunity to add value, and long-term appreciation potential. UNIT MIX • 33 Standard Studio Apartments • 15 Large Studio Apartments • 1 One-Bedroom Apartment • 2 Two-Bedroom, One-Bathroom Apartments LOCATION ADVANTAGES Located in the heart of Hyde Park, this property is in close proximity to world-class institutions, strong employment centers, and excellent transit options: • University of Chicago – A major demand driver, attracting students, faculty, and professionals. • Museum of Science and Industry & Jackson Park – Enhancing the area’s cultural and recreational appeal. • Public transit access – o Walking distance to the Metra Electric District (51st/53rd Street station) for a 15-minute commute to downtown Chicago. o Multiple CTA bus routes and the Green Line L station provide easy citywide access. o A short drive to Lake Shore Drive and I-90/94, making commuting seamless.

Exclusively Listed By

Financing By

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