Seller's Agent in 2024
Harrison Cohen
Triton Realty Group LLC
2 in this area
21 Total Sales
5437 S Harper Ave Chicago, IL 60615
Hyde Park Neighborhood
12
Beds
12
Baths
5,490
Sq Ft
3,485
Sq Ft Lot
Highlights
- Forced Air Heating and Cooling System
- 5-minute walk to 53Rd Street Hyde Park Station
- 2-minute walk to Spruce Park
- Kenwood Academy High School Rated A-
About This Home
As of December 2024Introducing 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.
Last Agent to Sell the Property
Triton Realty Group LLC License #475177887 Listed on: 08/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,255
Year Built
- Built in 1897
Lot Details
- 3,581 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 5,490 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $350
- Fuel Expense $7,717
- Insurance Expense $3,410
- Maintenance Expense $1,200
- Manager Expense $6,848
- Trash Expense $1,768
- Water Sewer Expense $5,213
- Operating Expense $51,932
- Gross Income $167,400
- Net Operating Income $110,312
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $1,545,000 | 0.0% | $281 / Sq Ft |
| 10/25/2024 10/25/24 | Off Market | $1,545,000 | -- | -- |
| 10/13/2024 10/13/24 | Pending | -- | -- | -- |
| 09/23/2024 09/23/24 | Price Changed | $1,545,000 | -3.1% | $281 / Sq Ft |
| 08/23/2024 08/23/24 | For Sale | $1,595,000 | 0.0% | $291 / Sq Ft |
| 05/14/2016 05/14/16 | Rented | $1,175 | 0.0% | -- |
| 04/04/2016 04/04/16 | Under Contract | -- | -- | -- |
| 03/28/2016 03/28/16 | For Rent | $1,175 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Agents Affiliated with this Home
-
Harrison Cohen
-
Matthew Fritzshall
Seller Co-Listing Agent in 2024
Matthew Fritzshall
Triton Realty Group LLC
(952) 607-9570
1 in this area
19 Total Sales
-
Pam Gore
P
Seller's Agent in 2016
Pam Gore
Westward360 RM
(312) 208-1771
-
A
Seller Co-Listing Agent in 2016
Andrew Gruesser
Kass Management Services Inc
-
A
Buyer's Agent in 2016
Aldwin Moraga
Metru Real Estate LLC
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12145817
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Based on information submitted to the MLS GRID
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