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Introducing 5471 S. Ridgewood Court, a rarely available multi-family property in the highly coveted Hyde Park neighborhood. This distinguished center entrance building embodies a timeless allure, showcasing the iconic historic architecture of Chicago while seamlessly integrating modern amenities within each unit. The building is comprised of six (6) 2-bedroom / 1-bathroom apartments and has been meticulously maintained by professional management. Location makes this property especially attractive to students and faculty members. All of University of Chicago's main buildings (school of business, engineering, humanities, and library) are within short walking distance. Each apartment presents an irresistible fusion of sought-after attributes, including open floor plans, spacious living areas, well-appointed bedrooms, and an abundance of natural light. The units have been thoughtfully enhanced with updated kitchens, and the building benefits from a meticulously cared for boiler system. 5471 S. Ridgewood Court offers an outstanding investment opportunity for those looking to acquire a property in one of Chicago's most vibrant and rapidly evolving areas. With this investment. A new owner can unlock value without incurring the substantial costs associated with a full-scale construction renovation. Additionally, the introduction of in-unit laundry facilities to each apartment provides potential to further enhance income. This distinctive offering allows for the acquisition of a secure investment with promising upside in an A+ Hyde Park location, nestled by the University of Chicago's campus and ensuring a robust cash-on-cash return for many years to come

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Listed by Harrison Cohen of Triton Realty Group LLC

Based on information submitted to MRED  as of April 17, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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