Rare Opportunity To Acquire 5132-5136 S Blackstone Ave., A 12 Unit Apartment Building In The Hyde Park Neighborhood Of Chicago. The Property Is On A Huge 72 X 151 Lot And Is Zoned Rm5. Originally Designed By The World-famous Architect And Artisan, Edgar Miller, The Property Consists Of Two Attractive Greystone Buildings Separated By A Courtyard In The Rear. The 5136 Building, Originally A 15 Room Single Family Residence, Now Has 5 Units. The 5132 Building, Originally A Very Large 3 Flat, Now Has 7 Units. The Total Unit Mix Consists Of One 3 Bedroom 3 Bath Unit, One 2 Bdroom 1 Bath Unit, Nine 1 Bedroom One Bath Units, And One Very Large Loft Studio. There Is Also A 2 Car Garage And A Parking Pad For 2 Additional Cars. The Building Has Had A Consistently High Occupancy And The Apartments Are Easy To Rent. While A Few Of The Units Have Been Renovated, And There Is A Newer Boiler And New Hot Water Heater, The Buidings Could Still Use Further Improvements And Is Being Sold "as Is."
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Listing History
06-13-2023
Listed at $2,150,000
07-24-2023
Price decreased by $100,000 to $2,050,000
08-31-2023
Price decreased by $100,000 to $1,950,000
10-23-2023
Price decreased by $100,000 to $1,850,000
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