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Seelos House 1027 E Hyde Park Blvd

4 Unit Block of Flats £1,491,483 (£372,871/Unit) 6.21% Net Initial Yield Chicago, IL 60615

Investment Highlights

  • 4-Unit, turn-key, walk-up building
  • 2017 condo-quality finishes
  • Strong unit mix with three, four, and six bedroom apartments
  • 0.5 miles from The University of Chicago

Executive Summary

Kiser Group has been exclusively engaged to market for sale 1027 E. Hyde Park, a 4-unit walk-up building in Chicago's historic Hyde Park neighborhood. This turn-key asset is situated 0.5 miles from The University of Chicago campus, 0.4 miles from George Washington Park, 0.6 miles from 51st/53rd St. Metra, and 0.8 miles from Lake Shore Drive.
1027 E. Hyde Park has a strong unit mix comprised of one (1) 3 Bed / 2 Bath unit, two (2) 4 Bed / 4 Bath units, and one (1) 6 Bed / 4 Bath apartment. Fully rehabbed in 2017, all apartments feature condo-quality finishes with granite countertops, stainless steel appliances, hardwood floors, spacious living areas, oversized bedrooms with walk-in closets, in-unit laundry, and individual HVAC systems, perfect for University of Chicago students.
As this 4-unit asset is set up just 0.5 miles from The University of Chicago, new ownership is guaranteed a property in a location that will always be sought after.

Property Facts

Price £1,491,483
Price Per Unit £372,871
Sale Type Investment
Net Initial Yield 6.21%
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.10 AC
Building Size 10,200 SF
Number of Floors 3
Year Built/Renovated 1789/1997

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Ceiling Fans
  • Eat-in Kitchen
  • Wooden Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Dining Room

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+1 1 - 1,800
4+2 2 - 2,800
5+4 1 - 2,800
Walk Score ®
Very Walkable (85)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-11-303-011-0000
Land Assessment
£17,376
Improvements Assessment
£47,868
Total Assessment
£65,245

zoning

Zoning Code RM-5 (Medium to high-density apartment buildings)
RM-5 (Medium to high-density apartment buildings)
  • Listing ID: 33776478

  • Date on Market: 06/11/2024

  • Last Updated:

  • Address: 1027 E Hyde Park Blvd, Chicago, IL 60615

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