5124 S University Avenue
Chicago, IL, 60615
$2,225,000
9 Beds
5 Baths
0 SqFt
0 Acres
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$2,225,000
5124 S University Avenue
Chicago, IL, 60615
MLS #MRD12568254 image #0MLS #MRD12568254 image #1MLS #MRD12568254 image #2MLS #MRD12568254 image #3MLS #MRD12568254 image #4MLS #MRD12568254 image #5MLS #MRD12568254 image #6MLS #MRD12568254 image #7
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.

Property Details

Price:
$2,225,000
MLS #:
MRD12568254
Status:
Active
Beds:
9
Baths:
5
Type:
Commercial
Neighborhood:
chihydepark
Listed Date:
Feb 13, 2026
Year Built:
1904
Chi – Hyde ParkChihydepark

Schools

Interior

Exterior

Financial

Net Operating Income
$166,122
Tax Year
2024
Taxes
$28,013
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Feb 19, 2026
946
Commercial Listed
202
Avg DOM
176
Avg $ / SqFt
$1,005,137
Avg List Price

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Property Summary

    5124 S University Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $2,225,000 To schedule a showing of MLS#mrd12568254 at 5124 S University Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5124 S University Avenue
Chicago, IL