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5124 S University Avenue, Chicago, IL, 60615
Apartment Building Near University of Chicago

5124 S University Avenue Chicago, IL 60615

For Sale
$2,225,000

MULTI_FAMILY - Chicago, IL

Lot Size0.19 Acres
Days on Market164

Property Features for 5124 S University Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
29
Bathrooms
15
Rooms
Bedroom 7, Bathroom 6, Bedroom 14, Bedroom 13, Bedroom 17, Bedroom 6, Bedroom 22, Bedroom 11, Bedroom 8, Bedroom 23, Bedroom 5, Bathroom 3, Bedroom 12, Bathroom 2, Bathroom 7, Bedroom 26, Bedroom 19, Bedroom 29, Bathroom 4, Bedroom 10, Bathroom 1, Bedroom 1, Bathroom 8, Bathroom 11, Bathroom 14, Bedroom 25, Bathroom 5, Bedroom 9, Bathroom 15, Bedroom 20, Bedroom 18, Bedroom 3, Bedroom 21, Bedroom 24, Bedroom 2, Bathroom 13, Bedroom 4, Bedroom 16, Bathroom 10, Bedroom 15, Bathroom 9, Bedroom 27, Bedroom 28, Bathroom 12
Standard status
Active
APN
20113040090000
Lot size
0.19 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
28013

Building Details

Year built
1904
Floors in Building
3
Number of units
8
Listing Agency: Chicago Real Estate Resources
Listed By: Steven Rapoport · License #471006648
Added: Feb 13 Changed: Jul 13 Last Checked: Jul 27 at 6:06AM
MLS# 12568254

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This apartment building is located near the University of Chicago, a prominent institutional presence in the Midwest. Situated in Hyde Park, an area recognized for consistent tenant demand, enduring architectural appeal, and sustained long-term value appreciation, the property benefits from its proximity to the University of Chicago, Lake Michigan, and Downtown Chicago, as well as accessible public transportation. These features contribute to a reliable renter base. The property is suitable for investors seeking a central Hyde Park location with established income and long-term value growth. The location fosters consistently high demand, presenting an opportunity in one of Chicago's stable multifamily submarkets. The lot size is 0.1882 acres.

Key Highlights

  • Apartment building built in 1904
  • Rooms include 29 bedrooms and 15 bathrooms
  • Located near the University of Chicago (Hyde Park)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Auto Repair Shop Kitchen & Bath Showroom Auto Parts Store Food Market (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Plumbing Service Storage Facility Carpet & Flooring Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Apartment building near University of Chicago with strong income potential.
Where is this apartment building located?
The property is located at 5124 S University Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: Apartment building built in 1904; Rooms include 29 bedrooms and 15 bathrooms; Located near the University of Chicago (Hyde Park)
More about this property
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