Interra Realty has been exclusively engaged to market 5118 S. Dorchester Avenue, Chicago, for sale. The subject investment property is a 75 unit, mid-rise asset in the Hyde Park Neighborhood.

The property features primarily studio apartments, which are in high demand in this rental market that is heavily influenced by University of Chicago students. Finishes are average rental quality, which a new investor may elect to upgrade to push rent levels further.

The building features all aluminum windows, a steam boiler, and two passenger elevators. It has been well maintained and is professionally managed.

5118 S. Dorchester Avenue is being offered with attractive, assumable financing. The Freddie small balance, non-recourse loan is serviced by Greystone and is fixed at 4.53% until 12/1/28.