CLOSED – MULTI-FAMILY
5200 South Harper Avenue Chicago, IL 60615
PRICE
Call for details
NUMBER OF UNITS
46
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 5200 South Harper Avenue (the Property), a 46 unit mixed use building located in the Hyde Park neighborhood of Chicago. The Property is located on the south east corner of 52nd Street and Harper. The Property is conveniently located in close proximity to the 51st/53rd Hyde Park Metra Stop, servicing the Metra Electric District line. The Property consists of two buildings that are connected, one 40-unit building and one six-unit building.

Additionally, the Property is situated directly across the street from the newly constructed Harper Court, which provides the neighborhood with shops, restaurants, and the contemporary Hyatt Place Hotel. It is also located one block south of the City Hyde Park mixed-use development that will be anchored by a Whole Foods grocery store and is scheduled to open in June, 2016.

5200 South Harper provides the investor with an unique opportunity to acquire a core asset in the sought after neighborhood of Hyde Park.

LOCATION DETAILS

Premier Hyde Park location.

Situated on the same block as Harper Court, the popular shopping, dining and entertainment destination.

One block south of the newly constructed Whole Foods, set to open by June 2016.

Conveniently located two blocks away from the 51st/53rd Hyde Park Metra Stop, servicing the Metra Electric District line.

Easy access to Lake Shore Drive, the Chicago Loop, as well as interstate 90 and 94

Local commercial tenant base includes: Starbucks, Baskin-Robbins, McDonalds, Five Guys Burgers and Fries, Giordano’s, Fifth-Third Bank, Hyde Park Bank, Harper Theater, and Hyatt Place Chicago.

HIGHLIGHTS
  • Opportunity to obtain a core asset building located in the heart of Hyde Park
  • Approximately 96% occupied
  • Unique opportunity to acquire a strong current cash flow in a rapidly growing sub-market.
LISTING BROKERS
Doug Imber
President
773.305.4902
Jordan Gottlieb
Principal
773.305.4922
Jim Darrow
Principal
773.305.4920