6102 S University

6102 S University Exterior

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6102 S University is a great investment opportunity with the endless supply of students needing housing for the University of Chicago located across the street. The home is currently rented to a great tenant who has been in the home for approximately 10 years. This tenant is moving out 8/31/2021. If the rents were increased to market rental rates, an investor would yield an approximate 7.4 capitalization rate. See the below table for details:

6102 S University Cap rateBuyers should review the financials and estimates with their own independent financial advisor. Upon request, market rental comparisons will be provided.

Whether you make 6102 S University your home or an investment, you will love this light filled 2 bed 1 bath penthouse condo in Chicago’s Hyde ParkThis home is perfect for those looking to take advantage of all the conveniences that come with city living. With stainless steel appliances, central heat and air conditioner, hardwood floors throughout (with exception to the primary bedroom), and in-unit stacked washer/dryer…This home will not disappoint! Enjoy hosting friends & family over on your back deck which provides plenty of outdoor space while also providing fresh air during those hot summer days. Located across the street from the University of Chicago and University of Chicago Law School, this home is walking distance to everything Hyde Park has to offer including public transportation, grocery stores, nightlife, and minutes to Lake Shore Drive.

Call Mason at 847 340-5523 to see this light filled, spacious Hyde Park penthouse.

Photos of 6102 S University Ave (click to enlarge)

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Price: $189,000
Address:6102 S University
Zip Code:60637
Property Type:Penthouse
Location:Hyde Park

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