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Listing provided courtesy of Chicago Real Estate ResourcesMREDas Distributed by MLSGrid- MLS# 12568254MLS Provider

5124 S University AvenueChicago, IL 60615

Commercial · 9 Beds
$2,225,000 Active

5124 S University Avenue Overview

Time on Site:
136 days
Visits:
2

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.

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5124 S University Avenue Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 256274
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 166122
  • Operating Expense: 82232
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1904

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Hyde Park

Tax Information

  • Tax Annual Amount: $28,013.00
  • Tax Year: 2024

General Information

  • Parcel Number: 20113040090000
  • Property Type: Commercial Sale

Interior

General Information

  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 8200
  • Lot Size Square Feet: 8200

General Information

  • Number Of Units Total: 8

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 4
  • Baths Total: 2
  • Units Total: 6

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 2
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

5124 S University Avenue Neighborhood

Community

60615 (Chicago) Demographics

35
Median Age
14,432
Population Density (per sq. mile)
68%
College Educated
$44,658
Estimated Median Income
6,504
Estimated Total Home Owners
15,109
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5124 S University Avenue Monthly Cost

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$
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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5124 S University Avenue Market Data

Based on the last 30 days in this zip code

$411,555
Average List Price
$248
Average Price per Square Foot
30
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

5124 S University Avenue History

Date Event Value Agent
2/18/2026Source: MRED Status Change
Active
2/13/2026Source: MRED Added to Database
February 13, 2026