The University Portfolio
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The University Portfolio
3 Multifamily Properties Offered at $2,550,000 in Chicago, IL
Investment Highlights
- EAST WOODLAWN NEIGHBORHOOD
- 4 BLOCKS TO UNIVERSITY OF CHICAGO
- MOSTLY LARGE 2 & 3-BEDROOM APARTMENTS
- 3 BUILDINGS & 21 UNITS ON 1 BLOCK
- 6 BLOCKS TO OBAMA PRESIDENTIAL LIBRARY
- VALUE-ADD OPPORTUNITY
Executive Summary
Apartment Investment Advisers, LLC ("AIA") has been granted the exclusive right to market and sell the subject properties.
This apartment investment is located four blocks south of the University of Chicago campus in the East Woodlawn neighborhood on the south side of Chicago, Illinois. This offering includes 21 units within 3 buildings on the 6500 block of University Avenue. The buildings are located at 6516 S. University, 6541 S. University, and 6550 S. University, and are being offered individually or as a portfolio. Please contact AIA for additional information on the individual properties.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please inquire through this platform or contact AIA direct:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
This apartment investment is located four blocks south of the University of Chicago campus in the East Woodlawn neighborhood on the south side of Chicago, Illinois. This offering includes 21 units within 3 buildings on the 6500 block of University Avenue. The buildings are located at 6516 S. University, 6541 S. University, and 6550 S. University, and are being offered individually or as a portfolio. Please contact AIA for additional information on the individual properties.
AIA is a Chicago-based commercial real estate brokerage firm focused exclusively on the marketing and sale of multifamily properties throughout the Chicago metropolitan area. The firm has represented it's clients in the sale of more than 500 apartment buildings totaling in excess of 10,000 apartment units and over $1,000,000,000 in sales volume.
For more information, please inquire through this platform or contact AIA direct:
info@aia-chicago.com | aia-chicago.com | 773.799.9299
Property Facts
| Price | $2,550,000 | Number of Properties | 3 |
| Price / SF | $39.66 / SF | Individually For Sale | 3 |
| Sale Conditions | Bulk/Portfolio Sale | Total Building Size | 64,297 SF |
| Sale Type | Investment | Total Land Area | 0.29 AC |
| Status | Under Contract |
| Price | $2,550,000 |
| Price / SF | $39.66 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 64,297 SF |
| Total Land Area | 0.29 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 6541 S University Ave, Chicago, IL 60637 | Multifamily | 10,000 SF | 1905 | $675,000 |
| 6550-6552 S University Ave, Chicago, IL 60637 | Multifamily | 9,297 SF | 1912 | $875,000 |
| 6515-6518 S University Ave, Chicago, IL 60637 | Multifamily | 45,000 SF | 1907 | $1,000,000 |
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