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22-Unit Apartment Building
For Sale
$6,290,000

5200 S Woodlawn Ave, Chicago, IL 60615

Hyde Park multifamily property with varied two- and three-bedroom floor plans and substantial unit renovations.

Property Size65,000 SF
Price / SF$96.77
Days on Market38

Property Features for 5200 S Woodlawn Ave

General Information

Standard status Active
Size 65,000 SF
Property subtype Multi-Family

Units

Unit Mix 3 x 3BR/2BA, 12 x 2BR/2BA, 7 x 2BR/1BA
Multifamily Units 22

Amenities

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

Building Details

Year Built 1906
Listing Agency: MetroPro Realty LLC
Listed By: Donna Schwan · License #471010168
Source: Saladinosells
Added: Jul 24 Changed: Aug 30 Last Checked: Aug 30 at 7:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MetroPro Realty LLC

Investment Insights

Based on property information with market context.

This 22-unit apartment building, constructed in 1906, offers a mix of three 3-bedroom, 2-bath apartments; twelve 2-bedroom, 2-bath apartments; and seven 2-bedroom, 1-bath apartments. The property contains approximately 65,000 square feet. Hardwood flooring and interior entry are provided throughout the units. Individual heating and air conditioning, along with in-unit washer and dryer equipment, are included in all but one apartment.

Located at 5200 S Woodlawn Ave in Chicago’s Hyde Park community, the building is adjacent to the area’s major shopping district and within walking distance of the University of Chicago campus. Twenty units have been fully rehabbed with new kitchens and appliances, while two units have not undergone that renovation scope.

Key Highlights

  • 22‑unit apartment building with approximately 65,000 square feet
  • Unit mix includes three 3‑bedroom, 2‑bath apartments; twelve 2‑bedroom, 2‑bath apartments; and seven 2‑bedroom, 1‑bath apartments
  • 20 units fully rehabbed with new kitchens and appliances

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

22
Residential units

Location Intelligence

Trade Area within ½ mile

2,754
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 property with varied two- and three-bedroom floor plans and substantial unit renovations.
Where is this apartment building located?
The property is located at 5200 S Woodlawn Ave Chicago, IL.
What is the asking price?
The asking price for this property is $6,290,000.
What are key features of this property?
This property features: 22‑unit apartment building with approximately 65,000 square feet; Unit mix includes three 3‑bedroom, 2‑bath apartments; twelve 2‑bedroom, 2‑bath apartments; and seven 2‑bedroom, 1‑bath apartments; 20 units fully rehabbed with new kitchens and appliances
More about this property
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