Chicago, IL 60615 5437 S Harper Avenue

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Presented By: Triton Realty Group LLC
  • MLS# 12145817
  • 08/23/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 2
  • SQFT • 5,490

Home Details

Introducing 5437-5439 S. Harper, a rarely available center entrance six (6) unit apartment building located in a prime Hyde Park location. This irreplaceable address is next door to Trader Joe's, walking distance to 53rd shopping, the University of Chicago shuttle at Lake Park & 54th Street, Metra and 90/94 Expressway for easy commuting. Renovated in 2022-2023, the property features all 2-bed/2-bath apartments showcasing meticulously designed floor plans. Updates include new kitchens, stainless-steel appliances, dishwashers, in-unit laundry, refinished hardwood flooring, and modern bathroom finishes. In addition to its cosmetic finishes, the building also has new individual HVAC, new plumbing and electric service, rebuilt porches and a well-maintained roof. 5437-39 S. Harper is an incredible investment opportunity to acquire a renovated turn-key property in one of Chicago's most desirable neighborhoods. With exceptional cash-flow and minimal expenses this cash flowing asset generates strong income from day one. In an A+ Hyde Park location, nestled by the University of Chicago's campus, new ownership has the rare opportunity to acquire a stabilized investment providing a solid cash-on-cash return for many years to come.
Presented By: Triton Realty Group LLC

Interior Features for 5437 S Harper Avenue

Other Interior Features

Total Fireplaces

General for 5437 S Harper Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseMulti-Family
Days on Market37
DirectionsNorth of the intersection of E 54th Pl and S Harper Ave.
ElectricSeparate Meters
Electric Expense350
Fuel Expense7717
Gross Income167400
Insurance Expense3410
Lot Size Square Feet3581
MLS AreaCHI - Hyde Park
MaintenanceExpense1200
Net Operating Income110312
NumberOfUnitsTotal6
Operating Expense51932
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount11255
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipHyde Park
Trash Expense1768
Water Sewer Expense5213
Year Built1897
ZoningMULTI

Exterior for 5437 S Harper Avenue

Building Area Total5490
ExteriorBrick
Lot Dimensions3581
Lot Size Acres0.08

Additional Details

Price History

Worth Clark

Price $1,545,000
MLS#12145817
List Date 08/23/2024
Property Type Multi-Family
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