The University of Chicago Collection

22 Units :: woodlawnKiser Group is pleased to exclusively offer for purchase The University of Chicago Collection, a three (3) building portfolio totaling twenty-two (22) units located just outside of Hyde Park in Chicago’s East Woodlawn neighborhood. The properties are located just blocks from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. The University of Chicago Collection is comprised of 6138-40 S. Woodlawn, a ten (10) unit walk-up and two (2) center entrance six (6) flats at 6141-43 S. Woodlawn and 1312-14 E. 62nd St. The portfolio features an incredibly unique and desirable unit mix of: six (6) 2Bd/1Ba, two (2) 3Bd/1Ba, five (5) 3Bd/1.5Ba, three (3) 3Bd/2Ba, four (4) 4Bd/1.5Ba, and two (2) 5Bd/1Ba units. Throughout the years, the buildings have undergone extensive renovations consisting of, but not limited to: 100% copper plumbing , updated electric service w/ in-unit breaker boxes, individual furnaces, newer porches, newer windows, and an abundance of cosmetic updates. The University of Chicago Collection presents an investor the rare opportunity to acquire immediate scale in one of Chicago’s best neighborhoods. From day one, a new owner will benefit from an incredibly stable and long term tenant base. However, with most of the building’s current rents being substantially below current market levels-there is a tremendous amount of value to be added solely by stabilizing rents to levels already being achieved in the building.