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
1
3
Lux Life Realty LLC
Yolanda Jeffries
Financial
28658.07
Listing Information
272123
29258
MRED
Listing Information
Price Change
2026-08-03T18:05:03Z
2026-08-03T18:04:16Z
Property Description

Exceptional opportunity to acquire a large multifamily asset featuring approximately 38 beds and positioned for shared housing, student housing, workforce housing, co-living, or short-term rental strategies. Located within close proximity to the University of Chicago and other major educational, healthcare, and employment centers, this asset presents a unique opportunity for investors seeking to capitalize on the growing demand for housing in one of Chicago’s most active and rapidly evolving markets. The property’s layout and scale make it particularly attractive for operators focused on shared housing initiatives, student accommodations, workforce housing, or alternative residential investment models. Its location near a world-renowned Ivy League-caliber institution and major neighborhood redevelopment activity creates multiple pathways for revenue generation and long-term value creation. This offering is being marketed confidentially. Financial information, property details, and exact location will be provided to qualified buyers upon request. Please contact the listing agent for additional information, financials, and access to the offering package.

Commercial Sale For Sale

5011 Drexel Boulevard, Chicago, IL 60615

$5,100,000
Listing ID#12685129
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12685129
Price : $5,100,000
Year Built : 2000
Listing Status : Active
Contact Agent