This top-floor corner unit features 3 bedrooms and 2 bathrooms, and has been recently renovated. It is fully occupied under a stable two-year lease, making it a strong income-generating asset from day one. The unit's unique layout, partial lake views, and prime location make it an excellent opportunity for investors, especially those targeting University of Chicago student housing demand. A washer and dryer are included in the unit for added convenience. The building offers a range of desirable amenities, including a front desk with door staff, an outdoor pool, a health club, a community room, and storage. Garage parking is also included with the unit. The lease runs from May 15, 2025 to May 15, 2026 at $2,800 per month, and from May 15, 2026 to May 15, 2027 at $2,950 per month. With an existing 8 cap rate and low risk profile, this property presents a solid and promising turnkey investment.
Property Map
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Property Details
Rooms
Room
Level
Flooring
Size
Living Room
N/A
Dining Room
N/A
Kitchen
Main
9X8
Family Room
N/A
Laundry
Main
4X4
Master Bedroom
Main
15X14
Bedroom 2
Main
12X12
Bedroom 3
Main
13X12
Bedroom 4
N/A
Utilities
Heating Natural Gas
Cooling Wall Unit(s)
Water Public
Sewer Public Sewer
Additional Information
Assessment Includes
Heat, Water, Gas, Parking, Insurance, Security, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Pets Allowed
Cats OK, Dogs OK
Sub/Complex
Campus Hyde Park
Parking
103 Garage Spaces, Yes, Attached, Garage, Parking included in price
Schools
District 299, Kenwood Academy High School (299), Ray Elementary School (299)
Payment Calculator
Listing History
06-25-2025
Listed at $228,000
11-19-2025
Status changed to Under Contract
Last Modified 11/19/25 11:36 AM
Nearby Transportation
Bus 55
< 0.1 mi
Bus 171
0.1 mi
Bus 28
0.2 mi
Bus 15
0.2 mi
Bus 172
0.3 mi
Bus 192
0.3 mi
Bus 6
0.3 mi
Bus 2
0.3 mi
Bus 10
0.4 mi
Bus 59
0.6 mi
Bus 4
0.8 mi
Bus 47
1.0 mi
Bus 63
1.0 mi
Metra Electric
0.2 mi
ZipCar
0.3 mi
I 90 West
2.1 mi
I 94 West
2.1 mi
I 90 East
2.1 mi
I 94 East
2.1 mi
I 55 North
3.4 mi
I 55 South
3.4 mi
Broker Reciprocity
Listing provided by YOUMU VENTURES LLC
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