1027 E. Hyde Park Chicago, IL 60615

Property Details for 1027 E. Hyde Park

Year built

1933

Property type

Residential income homes

Property subtype

Residential income properties

Description

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. Located on the south side of the city, eight miles from downtown, with Lake Michigan as its eastern border, Hyde Park is a historic Chicago neighborhood that hosted the World’s Fair in 1893. It is also home to the University of Chicago, the Museum of Science and Industry, Promontory Point, and iconic architecture including Frank Lloyd Wright homes, and a Mies van der Rohe apartment tower. Residents of Hyde Park are a diverse mix of ethnicities and religions ranging from college students to families, to senior citizens. The University of Chicago has 17,000 undergraduate and graduate students. According to the Chicago Metropolitan Agency for Planning (CMAP), 64% of Hyde Park’s residents are renters. The neighborhood is well connected to the city via Lake Shore Drive to the east and the I-90 Expressway to the west. Commuters can access the Metra at 51st/53rd, 55th-56th-57th, and 59th Street stations. Additional transportation offerings include numerous CTA bus routes. Hyde Park offers residents both a modern and historic feel. Major thoroughfares such as Hyde Park Boulevard, 53rd Street, and 55th Street, are home to new retail developments including Whole Foods, Target and Starbucks. Harper Court, located on 53rd Street, is a mixed-use development featuring a Hyatt Hotel, office space, restaurants such as Native Foods and Aloha Poke Co., and residential units. Solsti on the Park is a 26-story, 250-unit apartment building that was designed by famed architect Jeanne Gang and built in 2018. Hyde Park is more well known for its vintage single-family homes, mansions and low-rise apartment buildings. The Frederick C. Robie House is a U.S. National Historic Landmark on the campus of the University of Chicago that was designed by architect Frank Lloyd Wright.