5345 S. University, Chicago, IL 60615

5345 S University Ave, Chicago, IL 60615

  • For Sale $1,606,000
  • Property Type Multi-Family
  • Units 1
  • Lot Size 0.22 Acre
  • Additional Rent Contact for pricing
  • # of Floors 3
  • Parking Spaces Avail. 3
  • Year Built 1909
  • Year Renovated 2024
  • Date Updated Dec 19, 2024
STATELY HISTORIC REDEVELOPMENT OPPORTUNITY IN HYDE PARK: A VISIONARY'S DREAM! This beautiful 3-story brick property in the heart of Hyde Park could be used as single family home, a group home, a community center, and more! With a rezoning to adjacent RT-4, the building could be converted to approximately 8 total units by broker's estimate, or by floor for a total of 3 units with condo potential. This historic property has been a single family residence, a 4-unit dwelling, and most recently, a dormitory. Tuckpointing completed in 2016, roof upgrades in 2017, and a new roof on the garage in 2023. Windows have been upgraded. Professional landscaping with paver patio and new partial property fencing in 2022. Upgraded electrical system in 2024 with total improvements totaling $2M since 2008. This property features a single electric, water, and gas meter with a boiler heating system, and no central A/C in the main home but separately metered utilities in the garage apartment with window A/C. The current floor plan of the property includes 10 bedrooms, 6 bathrooms, 3 beautiful heated sun porches, a main kitchen, dining area, 2 large meeting areas/family rooms, ample storage throughout, a 3-car garage with apartment above. This property is located within the Hyde Park-Kenwood Historic District which offer federal and state level tax incentives for qualified improvements. The property is steps away from downtown Hyde Park's entertainment and shopping areas, steps from the University of Chicago, the Chicago lakefront, and a short ten-minute drive to the Loop.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker
Leah Erickson

Coldwell Banker Commercial Real Estate Group

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise

  • Transit Score ®

    63/100 Good Transit

  • Bike Score ®

    98/100 Biker's Paradise
Powered by Walk Score ®
  • City Chicago, IL
  • Neighborhood Hyde Park
  • Zip Code 60615
  • Market Chicago

Points of Interest

  • 51st-53rd Street (Hyde Park)

    0.59 miles

  • 55th-56th-57th Street

    0.64 miles

  • Garfield

    1.08 miles

  • 63rd Street

    1.33 miles

  • Stony Island

    2.28 miles

  • Halsted

    2.75 miles

  • 35th-Bronzeville-IIT

    2.76 miles

  • 35th-Bronzewille-IIT (34th Street Entrance)

    2.82 miles

  • South Shore

    2.82 miles

  • Windsor Park

    3.38 miles

  • BP

    0.55 miles

  • ChargePoint

    0.76 miles

  • Amstar

    0.98 miles

  • GoLo

    1.25 miles

  • Mobil

    1.25 miles

  • Super Save

    1.35 miles

  • Shell

    1.78 miles

  • eVgo

    5.22 miles

  • Blink

    5.22 miles

  • Tesla Supercharger

    5.37 miles

  • Vue53 garage

    0.23 miles

  • Campus North Parking Garage

    0.30 miles

  • Medical Campus Parking Garage B

    0.59 miles

  • Lexington Parking Lot

    0.65 miles

  • Medical Campus Parking Garage A

    0.73 miles

  • Parking/Materials Management

    0.79 miles

  • Chapin Hall Parking Lot

    0.92 miles

  • Kimbark South Parking Garage

    0.93 miles

  • Dorchester Parking Lot

    0.97 miles

  • Campus South Parking

    1.00 miles

  • Sophy Hotel

    0.33 miles

  • Hyatt Place Chicago-South/University Medical Center

    0.49 miles

  • Chicago Lake Shore Hotel

    0.82 miles

  • The Study at the University of Chicago

    0.88 miles

  • Best Motel

    1.81 miles

  • Amber Inn Motel

    2.16 miles

  • Empire Motel

    2.93 miles

  • East of the Ryan

    3.23 miles

  • South Shore Motel

    3.57 miles

  • Wyndham Chicago McCormick Hotel

    3.60 miles

  • Nicky's Chinese Food

    0.14 miles

  • Cedars Mediterranean Kitchen

    0.15 miles

  • Harold's Chicken Shack

    0.16 miles

  • Budlong Hot Chicken

    0.17 miles

  • Small Cheval

    0.18 miles

  • Jerk Yard

    0.20 miles

  • Sitdown Cafe and Sushi Bar

    0.20 miles

  • Saucy Porka

    0.20 miles

  • Nile Restaurant

    0.21 miles

  • Nella Pizza e Pasta

    0.23 miles

  • Lutheran School of Theology

    0.14 miles

  • Saint Thomas the Apostle Grade School

    0.20 miles

  • Kozminski Community Academy

    0.22 miles

  • Philip Murray Language Academy

    0.26 miles

  • Israel School

    0.34 miles

  • William H. Ray Elementary School

    0.43 miles

  • Shoesmith Elementary School

    0.52 miles

  • The University of Chicago

    0.56 miles

  • Reavis Elementary School

    0.59 miles

  • Kenwood Academy

    0.60 miles

  • UChicago Child Development Center - Drexel

    0.50 miles

  • DJ Brooks Child Development Center

    2.09 miles

  • Child's World Academic Inc.

    2.18 miles

  • Shiloh Nursery

    2.50 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    2.93 miles

  • Kenyatta's Day Care and Learning Center

    3.11 miles

  • Englewood Messiah Lutheran Headstart

    4.06 miles

  • The Goddard School

    4.15 miles

  • Childrens Hour Pre-School Center

    4.17 miles

  • KinderCare

    4.67 miles

Frequently Asked Questions

How much does 5345 S. University, Chicago, IL 60615 cost?

The space currently listed for sale at 5345 S. University, Chicago, IL 60615 asks for $1,606,000.

What is the total square footage of 5345 S. University, Chicago, IL 60615?

5345 S. University, Chicago, IL 60615 totals 9,924 square feet.

When was this property built?

5345 S. University, Chicago, IL 60615 was built in 1909.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Leah Erickson

Coldwell Banker Commercial Real Estate Group