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Rehabilitated Apartment Building
For Sale
$2,990,000

5140 S Kimbark Avenue, Chicago, IL 60615

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market336

Property Features for 5140 S Kimbark Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 27
Bathrooms 18
Full bathrooms 18
Rooms Bedroom 12, Bedroom 5, Bedroom 4, Bedroom 15, Bathroom 6, Bathroom 12, Bedroom 22, Bathroom 16, Bathroom 13, Bedroom 6, Bathroom 7, Bedroom 9, Bathroom 5, Bathroom 8, Bedroom 16, Bathroom 2, Bathroom 9, Bedroom 24, Bathroom 15, Bathroom 18, Bedroom 21, Bedroom 23, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 17, Bedroom 2, Bathroom 11, Bedroom 10, Bedroom 14, Bedroom 25, Bedroom 3, Bedroom 17, Bathroom 10, Bathroom 3, Bedroom 26, Bedroom 19, Bedroom 20, Bedroom 13, Bedroom 11, Bedroom 18, Bedroom 27, Bathroom 14, Bedroom 7, Bedroom 8
Directions Hyde Park Blvd to Kimbark Ave, South to 52 nd Street. On the SW corner of Kimbark Ave and 52nd St
Subdivision CHI - Hyde Park
Standard status Active
APN 20114000200000

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 31195

Utilities

Cooling system Central Air

Building Details

Year built 1912
Floors in Building 4
Number of units 7
Listing Agency: MetroPro Realty LLC
Listed By: Donna Schwan · License #471010168
Added: Oct 26, 2025 Changed: Sep 13 Last Checked: Sep 26 at 10:06AM
MLS# 12504259

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 Hyde Park apartment building dates to 1912 and contains seven apartments: four four-bedroom units with three full bathrooms, two four-bedroom units with two full bathrooms, and a three-bedroom garden apartment with two bathrooms. Each residence has individual heating and air conditioning, central air, a washer and dryer, hardwood flooring, and an interior entry. The apartments have been fully rehabbed with new kitchens and appliances.

The property is at 5140 S Kimbark Avenue in Chicago, within walking distance of the University of Chicago campus and adjacent to Hyde Park’s major shopping area. The building is classified MULTI and offers a 27-bedroom, 18-bathroom configuration across the unit mix.

Key Highlights

  • Seven‑apartment configuration with 27 bedrooms and 18 bathrooms
  • Unit mix includes four 4‑bedroom/3‑bath apartments, two 4‑bedroom/2‑bath apartments, and one 3‑bedroom/2‑bath garden unit
  • Fully rehabbed apartments with new kitchens and appliances

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Food Market Auto Parts Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,054
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Hyde Park multifamily property with updated kitchens, appliances, individual climate control, and washer-dryer service in every apartment.
Where is this apartment building located?
The property is located at 5140 S Kimbark Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: Seven‑apartment configuration with 27 bedrooms and 18 bathrooms; Unit mix includes four 4‑bedroom/3‑bath apartments, two 4‑bedroom/2‑bath apartments, and one 3‑bedroom/2‑bath garden unit; Fully rehabbed apartments with new kitchens and appliances
More about this property
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