Properties

Features
: Central Air
: Finished
8
Address Map
US
IL
Cook
Chicago
60615
Drexel
5011
Boulevard
Take 51st over to Drexel and south to the property.
Confidential Commercial Listings
Confidential Commercial Listings
S
S
COMMR
Additional Information
: Brick
: Multi-Family
: Brick/Mortar
10000
38
38
Special Use,Single Room Occupancy
5100000
3
Lux Life Realty LLC
Yolanda Jeffries
Financial
28658.07
Listing Information
272123
29258
MRED
Listing Information
Active
2026-10-27T05:06:10Z
2026-10-27T05:05:40Z
Property Description

SHORT SALE – LENDER APPROVAL REQUIRED. LIST PRICE IS NOT LENDER-APPROVED SHORT SALE PRICE. Exceptional opportunity to acquire a large multifamily asset featuring approximately 38 beds and offering potential for shared housing, student housing, workforce housing, co-living, mid-term rental, or short-term rental strategies. Located in close proximity to the University of Chicago and major educational, healthcare, employment, and redevelopment corridors, this property offers investors an opportunity to acquire a large-scale housing asset in an established Chicago market. The property’s layout and scale may be particularly attractive to operators focused on shared housing, student accommodations, workforce housing, furnished housing, or alternative residential investment models. Its proximity to the University of Chicago, major medical institutions, transportation, and continued neighborhood investment provides multiple potential pathways for income generation and long-term value creation.

Commercial Sale For Sale

5011 Drexel Boulevard, Chicago, IL 60615

$3,500,000
Listing ID#12685129
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12685129
Price : $3,500,000
Year Built : 2000
Listing Status : Active
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