List Price: $228,000
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 3 |
2 |
1978 |
1,280 ft2 |
99.9 |
$3,176 |
4 days |
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.
Listing courtesy of YOUMU VENTURES LLC
1451 E 55th St. #1030N is a 1,280 ft2 condo/townhome built in 1978, and is located in Chicago, IL in the Campus Hyde Park subdivision, in the Hyde Park neighborhood. It has 3 bedrooms and 2 bathrooms, a 99.9-car garage, and has annual property taxes of $3,176. This home goes to Ray Elementary School and Kenwood Academy High School.
Campus Hyde Park
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Subdivision
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Hyde Park
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Neighborhood
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Marco Amidei
(888) 32-Marco (847) 630-4886
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