362 E 60th St
Chicago, IL 60637
352–370 E. 60th Street · Immeuble residentiel Propriété À vendre

352–370 E. 60th Street, a two-building, 46-unit multifamily portfolio located in Chicago’s Washington Park neighborhood, offered via competitive auction. The portfolio consists of 352 E. 60th Street, a 21-unit, 19,974 SF three-story masonry building originally constructed in 1898 and situated at the northeast corner of 60th Street and Calumet Avenue, and 362 E. 60th Street, a 25unit, 41,324 SF three-story masonry building originally constructed in 1914, situated at the northwest corner of 60th Street and Martin Luther King Drive directly across from Washington Park — a 370-acre City of Chicago park. Together, the two properties aggregate 46 total units spanning 77,360 SF across combined site area of approximately 0.63 acres. Both buildings are zoned RM-5 and feature a family-oriented unit mix of two- and three-bedroom apartments. Current occupancy stands at approximately ~5% at 352 E. 60th and ~5% at 362 E. 60th, providing investors with substantial stabilization upside. Washington Park is located approximately six miles south of downtown Chicago, one mile southwest of the University of Chicago Hyde Park campus and the Museum of Science and Industry, and eight miles southeast of Midway International Airport. The neighborhood is served by multiple CTA bus routes, the CTA Green Line, the Dan Ryan Expressway (I-90/94), and DuSable Lake Shore Drive (SR41), ensuring strong connectivity throughout the metropolitan area.
Tours scheduled on June 4th & 18th.