Essex Realty Group, LLC is pleased to exclusively present for sale 825 E. 61st Street, a newly constructed multifamily asset ideally situated directly across from the world-renowned University of Chicago campus at the intersection of Chicago’s Hyde Park and Woodlawn neighborhoods.
Completed in 2023 by a prominent local developer, the boutique-style property consists of 60 residences featuring expansive one- and two-bedroom floor plans with private balconies and abundant natural light throughout. Each unit offers thoughtfully designed, high-end finishes, including custom open-concept kitchens with designer cabinetry, quartz countertops, honed marble backsplashes, and premium GE stainless-steel appliances, including built-in microwaves and dishwashers.
Nearly all two-bedroom residences feature two full bathrooms appointed with oversized frameless glass walk-in showers, spa-inspired soaking tubs, quartz vanities, Miseno fixtures, and one-piece toilets. Additional in-unit features include hardwood flooring throughout, in-unit laundry, and individually controlled HVAC systems. A super-high-efficiency hybrid water-heating system for domestic hot water further enhances the property. Residents benefit from an extensive array of amenities, including ultra-high-speed internet, ButterflyMX video entry access, dedicated bike storage, storage lockers, and a full-service elevator. Heated indoor garage parking, surface parking, and EV charging stations are also available for rent.
Positioned directly across from the University of Chicago and just one block from the CTA Green Line, the property offers exceptional convenience for undergraduate, graduate, and medical students while sustaining strong rental performance. The asset is also located one block from a 48,000-square-foot full-service Jewel-Osco and within walking distance of the University of Chicago Medical Center, the forthcoming Obama Presidential Center, Washington Park, and Chicago’s lakefront.
The corridor between Hyde Park and Woodlawn sits at the crossroads of two of Chicago’s most dynamic South Side neighborhoods, anchored by the University of Chicago to the north and Woodlawn’s accelerating revitalization to the south. Cultural assets include the Museum of Science and Industry, Frank Lloyd Wright’s Robie House, the DuSable Black History Museum in Washington Park, and the forthcoming Obama Presidential Center in Jackson Park.
The area is well-connected via Metra Electric stations (51st through 63rd), CTA Green Line at Cottage Grove, and Lake Shore Drive. With sustained investment from the University of Chicago and the Network of Woodlawn, the corridor stands out as one of Chicago’s most resilient South Side investment markets.
- Newly Constructed, 60-Unit Multifamily Property
- Located Directly Across the Street from the University of Chicago
- Desirable Unit Mix One- and Two-Bedroom Floor Plans with Private Balconies
- Premium Finishes Including Designer Kitchens, Spacious Floor Plans, and In-Unit Laundry
- Ample Parking - 25 Parking Spaces, 18 Indoor Heated Garage, and 7 Outdoor Surface Spaces
- Strong Rental Demand with Significant Upside
- Convenient Public Transportation Access, Just One Block from CTA Green Line