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0 Beds

$3,500,000

Built in2000
Property typeMulti-family
Listed by Yolanda Jeffries with Lux Life Realty LLC 773-720-2030

Overview

Active

Listed Jul 29, 2026

Updated 9h ago

SHORT SALE - LENDER APPROVAL REQUIRED. LIST PRICE IS NOT LENDER-APPROVED SHORT SALE PRICE. Exceptional opportunity to acquire a large multifamily asset featuring approximately 38 beds and offering potential for shared housing, student housing, workforce housing, co-living, mid-term rental, or short-term rental strategies. Located in close proximity to the University of Chicago and major educational, healthcare, employment, and redevelopment corridors, this property offers investors an opportunity to acquire a large-scale housing asset in an established Chicago market. The property's layout and scale may be particularly attractive to operators focused on shared housing, student accommodations, workforce housing, furnished housing, or alternative residential investment models. Its proximity to the University of Chicago, major medical institutions, transportation, and continued neighborhood investment provides multiple potential pathways for income generation and long-term value creation.

$23,286/mo

Est. mortgage payment based on a $3,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$28,658
Tax Frequency
Annually
Maintenance Expense
$5,000
Municipality
Hyde Park
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Listed by Yolanda Jeffries with Lux Life Realty LLC 773-720-2030

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Premier Chicago Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 5:12 AM UTC on 10/27/2026. 

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