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About This Home
This 15-bedroom, 8-bathroom residential multi family at 5430 S Drexel Avenue in Chicago, IL is listed for $1,350,000. Built in 1916, on a 0.14 acres lot.
Separate tenant paid heat. Apartment building located near the University of Chicago, one of the most powerful institutional anchors in the Midwest. Hyde Park is known for stable tenant demand, timeless architectural character, and consistent long term appreciation.
The location offers immediate access to the University of Chicago along with close proximity to Lake Michigan, Downtown Chicago, and accessible public transportation, all of which support a deep and dependable renter pool. This property is ideally suited for investors seeking a core Hyde Park position with strong in place income and durable long term value growth.
The location drives consistently high demand, makes this an outstanding opportunity in one of the most resilient and historically stable multifamily submarkets in Chicago.
Key Features
- Built in 1916
- 0.14 acre lot
- 3 stories
Property Details
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5430 S Drexel Avenue
Chicago, IL 60615
Questions & Answers
This 15-bedroom, 8-bathroom residential multi family at 5430 S Drexel Avenue is listed at $1,350,000. The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.
Key features include: Built in 1916, 0.14 acre lot, 3 stories.
This property is listed by Steven Rapoport and can be reached at (773) 327-9300 or stevenr@crer.com.