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Multifamily

Sadonia Apartments

5120 S Harper Ave, Chicago, IL 60615

Listing Price: $10,500,000

Cap Rate
5.00%
Number of Units
61
Occupancy
97.0%
Price/Unit
$172,131
Price/Gross SF
$274.15
Gross SF
38,300

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the Hyde Park neighborhood of Chicago, Illinois. The subject property consists of 26 studios, 18 one-bedroom/one-bath units, 14 large one-bedroom/one baths, and three two-bedroom/one-bath units. The subject property is a three-minute walk to Metra’s 51st and 53rd St (Hyde Park) train stop, and Chicago Transit Authority’s (CTA) 15 and 28 bus stops. The property is also a 20-minute walk, or a five-minute drive, to University of Chicago’s campus. Hyde Park is home to not only the University of Chicago, but also the Museum of Science and Industry, Smart Museum of Art and numerous public parks.

Investment Highlights

  • Excellent Hyde Park Neighborhood Location
  • 61 Apartments
  • Near Numerous Large Retailers
  • Short Walk to Metra's 51st/53rd St (Hyde Park) Stop

Exclusively Listed By

Financing By

Multifamily

Sadonia Apartments

Listing Price: $10,500,000

Cap Rate
5.00%
Number of Units
61
Occupancy
97.0%
Price/Unit
$172,131
Price/Gross SF
$274.15
Gross SF
38,300

Investment Highlights

  • Excellent Hyde Park Neighborhood Location
  • 61 Apartments
  • Near Numerous Large Retailers
  • Short Walk to Metra's 51st/53rd St (Hyde Park) Stop

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the Hyde Park neighborhood of Chicago, Illinois. The subject property consists of 26 studios, 18 one-bedroom/one-bath units, 14 large one-bedroom/one baths, and three two-bedroom/one-bath units. The subject property is a three-minute walk to Metra’s 51st and 53rd St (Hyde Park) train stop, and Chicago Transit Authority’s (CTA) 15 and 28 bus stops. The property is also a 20-minute walk, or a five-minute drive, to University of Chicago’s campus. Hyde Park is home to not only the University of Chicago, but also the Museum of Science and Industry, Smart Museum of Art and numerous public parks.

Exclusively Listed By

Financing By

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