5345 S. University, Chicago, IL 60615

5345 S University Ave, Chicago, IL 60615

  • For Sale $1,606,000
  • Property Type Multi-Family
  • Property Size 9,924 SF
  • 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 Sep 19, 2024
  • Website www.cbcworldwide.com
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.

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Highlights

  • Rooms: Guest Suite
  • Cooling: No A/C

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

  • 55th-56th-57th Street

    0.64 miles

  • Garfield

    1.08 miles

  • King Drive

    1.55 miles

  • Stony Island

    2.28 miles

  • State & 37th Street

    2.50 miles

  • 35th-Bronzeville-IIT

    2.71 miles

  • Halsted

    2.75 miles

  • South Shore

    2.82 miles

  • Cermak-McCormick Place

    4.02 miles

  • Halsted

    4.26 miles

  • BP

    0.65 miles

  • ChargePoint

    0.76 miles

  • BP

    0.81 miles

  • Amstar

    0.98 miles

  • GoLo

    1.25 miles

  • Mobil

    1.25 miles

  • Super Save

    1.35 miles

  • BP

    1.52 miles

  • BP

    1.71 miles

  • Mobil

    1.80 miles

  • Campus North Parking Garage

    0.30 miles

  • Medical Campus Parking Garage B

    0.58 miles

  • Lexington Parking Lot

    0.65 miles

  • Medical Campus Parking Garage A

    0.73 miles

  • Parkiing / Mat Mgmt

    0.79 miles

  • Dorchester Parking Lot

    0.97 miles

  • Campus South Parking

    1.01 miles

  • Garfield Park & Ride

    1.10 miles

  • Lot L

    2.66 miles

  • Lot F

    2.74 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

  • South Shore Motel

    3.57 miles

  • Chicago South Loop Hotel

    3.60 miles

  • Hyatt Regency McCormick Place

    3.86 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

  • Pockets

    0.18 miles

  • Leona's

    0.19 miles

  • What's Krackin Southern Seafood

    0.20 miles

  • Sitdown Cafe and Sushi Bar

    0.20 miles

  • Saucy Porka

    0.20 miles

  • Nile Restaurant

    0.21 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 Elementary School

    0.34 miles

  • William H. Ray Elementary School

    0.43 miles

  • Shoesmith Elementary School

    0.52 miles

  • The University of Chicago

    0.54 miles

  • Reavis Elementary School

    0.59 miles

  • Former Canter Middle School

    0.59 miles

  • UChicago Child Development Center - Drexel

    0.50 miles

  • DJ Brooks Child Development Center

    2.09 miles

  • Ada S. McKinley, Ersula Howard Child Care Center

    2.93 miles

  • Kenyatta's Day Care and Learning Center

    3.11 miles

  • The Goddard School

    4.15 miles

  • Shining Star Child Development

    5.40 miles

  • Brighton Park Early Learning Center

    5.46 miles

  • Taylor Tots

    5.93 miles

  • Mari's Bumble Bee Academy

    6.03 miles

  • Restoring the Seed Childcare

    6.04 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.

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Contact Listing Broker

broker

Leah Erickson

Coldwell Banker Commercial Real Estate Group