ClosedPrice Reduced

$1,545,000

$1,595,000
5437 Harper Avenue, Chicago, IL 60615
20 days
5437 Harper Avenue·Chicago, IL 60615
1897Year Built
About This Home

Introducing 5437-5439 S. Harper, a rarely available center entrance six (6) unit apartment building located in a prime Hyde Park location. This irreplaceable address is next door to Trader Joe's, walking distance to 53rd shopping, the University of Chicago shuttle at Lake Park & 54th Street, Metra and 90/94 Expressway for easy commuting. Renovated in 2022-2023, the property features all 2-bed/2-bath apartments showcasing meticulously designed floor plans. Updates include new kitchens, stainless-steel appliances, dishwashers, in-unit laundry, refinished hardwood flooring, and modern bathroom finishes. In addition to its cosmetic finishes, the building also has new individual HVAC, new plumbing and electric service, rebuilt porches and a well-maintained roof. 5437-39 S. Harper is an incredible investment opportunity to acquire a renovated turn-key property in one of Chicago's most desirable neighborhoods. With exceptional cash-flow and minimal expenses this cash flowing asset generates strong income from day one. In an A+ Hyde Park location, nestled by the University of Chicago's campus, new ownership has the rare opportunity to acquire a stabilized investment providing a solid cash-on-cash return for many years to come.

MLS# 12145817Listed August 23, 2024Commercial Sale
Property Details

Beds & Baths

Size & Structure

Fireplaces0
Year Built1897
Lot Size0.080 acres

Location

CountyCook
TownshipHyde Park
Zip Code60615

Financial

List Price$1,545,000
Original Price$1,595,000
Annual Taxes (2023)$11,255
Monthly Tax Est.$938
Parcel #20114260080000
Interior Features

Cooling

Central Air
Exterior & Lot

Construction

Brick
Utilities & Parking

Electric

Separate Meters
Tax & Financial
Annual Taxes
$11,255
Tax Year 2023
Monthly Tax Est.
$938
per month
Price Reduced by $50,000
Original list price: $1,595,000
Property Location

5437 Harper Avenue, Chicago, IL 60615 — Cook County

$1,545,000
5437 Harper Avenue
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
20 days on market
0.080 acres
$11,255/yr taxes
Price reduced $50,000
$9,058
estimated monthly payment
Principal & Interest
$8,120/mo
Property Tax
$938/mo
$1,545,000
20% — $309,000
3%50%
6.875%
3%12%
Loan Amount
$1,236,000
Down Payment
$309,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Triton Realty Group LLC
Agent: Harrison Cohen
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