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21 PROPERTIES in Hyde Park, Chicago
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The University of Chicago, located in the vibrant Hyde Park neighborhood, is renowned for its rigorous academic programs and significant contributions to various fields of study. Beyond academics, The University of Chicago is deeply involved in the local community, offering a variety of cultural, educational, and outreach programs.
In fall 2023, The University of Chicago (UChicago) enrolled 18,504 students, the third consecutive year enrollment exceeded 18,000 students. Approximately 10,500 were graduate students, more than 7,500 were undergraduates, and about 440 were certificate and non-degree students. The affiliated Pritzker School of Medicine typically enrolls between 300 and 400 students each academic year. Only about 15% of first-time, first-year students at The University of Chicago in fall 2023 were from Illinois. The large percentage of students from outside Illinois ensures student housing apartment demand in the vicinity of UChicago.
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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
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Investment Advisors
Mortgage Bankers:
Kevin Larimer
Senior Managing Director 248.341.3305 | kevin.larimer@berkadia.com
Brandon Buell
Senior Managing Director 346.444.8982 | brandon.buell@berkadia.com
Detroit Office
28411 Northwestern Highway, Ste 300 Southfield, MI 48034 Phone: 248.646.7701
Houston Office
2229 San Felipe Street, Ste 1600 Houston, TX 77019 Phone: 713.974.1300
Chicago Office
125 South Wacker Drive, Ste 400 Chicago, IL 60606 Phone: 312.845.8500
Aaron Moll
Managing Director 248.208.0529 | aaron.moll@berkadia.com
Steve Skok
Managing Director 312.845.5164 | steve.skok@berkadia.com
Peter Benedetto
Senior Managing Director 248.208.3462 | peter.benedetto@berkadia.com
Trevor Friday
Associate Director 248.341.3307 | trevor.friday@berkadia.com
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QUICK STATS
$2.18
Avg Rent / SF
1,394
Beds
1,085
UNITS
652
Avg Unit SF
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Community
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• The University of Chicago is ranked No. 12 among U.S. News & World Report’s National Universities category - U.S. News & World Report In fall 2023, The University of Chicago enrolled 18,504 students, the third consecutive year enrollment exceeded 18,000 students.
• Quality vintage walk-up Properties are in perpetual demand from a diverse mix of prospective residents attracted to the historic urban lifestyle offered by these timeless properties.
• Significant UNDERSUPPLY of High-Quality Apartments to Serve Strong Demand from Rooted Now-High-Income Earners
• Park Access: from nearby neighborhood parks to the world-famous Washington Park, Midway, and Jackson Park on the shores of Lake Michigan
• Walkable Prime Public Transportation: 3 Major Metra Stations + CTA Green Line
• Minutes from $500M Obama Presidential Center and The University of Chicago campus
• Rapid Access to Downtown Chicago’s Core Employment Hubs + 31 Fortune 500 HQ Companies
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Pete Evans
Senior Managing Director 312.407.6711 | pete.evans@berkadia.com
Richard Evans
Senior Director 414.662.2472 | richard.evans@berkadia.com
Bradley Mori
Associate Director 312.407.6724 | bradley.mori@berkadia.com
Laura Cathlina
Senior Managing Director - Institutional Solutions 312.845.1887 | laura.cathlina@berkadia.com