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Fully Rehabbed Multifamily Apartment Building
For Sale
$2,990,000

5140 S Kimbark Avenue, Chicago, IL 60615

MULTI_FAMILY - Chicago, IL

Property SizeContact for details
Days on Market289

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 17, Bedroom 5, Bedroom 16, Bedroom 25, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 8, Bedroom 9, Bathroom 10, Bathroom 15, Bathroom 14, Bedroom 19, Bathroom 9, Bedroom 11, Bedroom 1, Bathroom 6, Bathroom 13, Bathroom 2, Bedroom 10, Bedroom 6, Bedroom 21, Bedroom 13, Bathroom 8, Bedroom 27, Bathroom 3, Bathroom 16, Bedroom 18, Bedroom 7, Bedroom 26, Bathroom 4, Bathroom 17, Bathroom 11, Bathroom 12, Bathroom 18, Bedroom 15, Bedroom 22, Bedroom 12, Bedroom 23, Bedroom 20, Bedroom 24, Bathroom 1, Bedroom 14
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

Amenities

individual heating and air conditioning
washer and dryer
hardwood floors
interior entry

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: Aug 2 Last Checked: Aug 10 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 fully rehabbed multifamily apartment building includes a mix of apartment layouts: four 4-bedroom, 3 full-bath apartments; two 4-bedroom, 2 full-bath apartments; and a garden apartment with three bedrooms and 2 bathrooms. Each unit has individual heating and air conditioning, plus a washer and dryer. Units also feature hardwood floors and interior entry. Central air is listed for the property, supporting year-round comfort across the building.

Located at 5140 S Kimbark Avenue in Chicago’s Hyde Park area, the property is adjacent to a major shopping area and within walking distance to the University of Chicago campus.

With all units described as fully rehabbed, including new kitchens and appliances, this building offers a consistent, updated residential setup across the unit mix.

Key Highlights

  • Year built 1912 multifamily apartment building
  • Unit mix: four 4‑bedroom, 3 full‑bath apartments
  • Unit mix: two 4‑bedroom, 2 full‑bath apartments

Property Analytics

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

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 with fully rehabbed units, individual heating and A/C, and in-unit washer and dryer.
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: Year built 1912 multifamily apartment building; Unit mix: four 4‑bedroom, 3 full‑bath apartments; Unit mix: two 4‑bedroom, 2 full‑bath apartments
More about this property
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