5124 S University Ave, Chicago, IL
29 bd · 15 ba · 0 sqft Multi-Family listed at $2,225,000, built in 1904 in the Hyde Park neighborhood.
About this home
Apartment building located near the University of Chicago, one of the most powerful institutional anchors in the Midwest. Hyde Park is known for stable tenant demand, timeless architectural character, and consistent long term appreciation. The location offers immediate access to the University of Chicago along with close proximity to Lake Michigan, Downtown Chicago, and accessible public transportation, all of which support a deep and dependable renter pool. This property is ideally suited for investors seeking a core Hyde Park position with strong in place income and durable long term value growth. The location drives consistently high demand, makes this an outstanding opportunity in one of the most resilient and historically stable multifamily submarkets in Chicago.
Property details
- Price
- $2,225,000
- Bedrooms
- 29
- Bathrooms
- 15
- Year built
- 1904
- Lot size
- 8,200 sqft
- Type
- Multi-Family
- Days on market
- 71
- Est. property tax
- $46,280/yr · $3,857/mo · 2.08% IL avg
- Last sold
- $375,000 · Jan 2010
Estimated monthly payment
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Price history
- Feb 13, 2026$2,225,000Initial list price
- Jan 21, 2010$375,000Sold
Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60615)
This neighborhood is primarily renter-occupied (31% owner-occupied). Median age is 34.7; 25% hold a bachelor's degree; median household income is $56,518.
- Median income
- $56,518
- Median age
- 34.7
- Owner-occupied
- 31.4%
- Bachelor's degree
- 25.3%
- Census median home value
- $306,400
Source: US Census Bureau American Community Survey 5-year estimates.
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