5124 S University Ave

Chicago, IL 60615

$2,225,000
Price
29
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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a front view of a building with street view
a kitchen with a sink a stove and refrigerator
a kitchen with a stove a refrigerator and a sink
a view of bathroom with washing machine
a living room with furniture and a window
a view of a livingroom with wooden floor
a spacious bedroom with a bed and a large window
a bathroom with a toilet sink and mirror

Description

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...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.
  1. Listed by Steven Rapoport • Chicago Real Estate Resources
    P: (847)-863-2707 stevenr@crer.com

Property Details for 5124 South University Avenue

Area
CHI - Hyde Park
LISTING UPDATED: 02/19/2026 12:07 AM

Property Details for 5124 South University Avenue

StatusActive
MLS #12568254
Days on Market61
Taxes$28,013 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1904
Lot Size0.19 AC / 8,200 SF
CountyCook County
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Location

Listing Courtesy of Chicago Real Estate Resources
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Building Information for 5124 South University Avenue

Stories3Residences8Year Built1904Building Size-Lot Size0.19 AC / 8,200 SF

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$13,538 per month

30 year fixed, 6.46% Interest

Principal and Interest

$11,204

Property Taxes

$2,334

HOA Dues

$0

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Property Information for 5124 South University Avenue

General Information
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Radiators
  • Num of Baths: 15.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 8200
  • Lot Size Square Feet: 8200.0
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 8
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $256,274.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Janitor Expense: 0
  • Total Monthly Income: 21356
  • Net Operating Income: $166,122.00
  • Operating Expense: $82,232.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 5124 South University Avenue

DateEvent & SourcePriceAppreciation
Feb 13, 2026

Listed (Active)

MRED #12568254

$2,225,000—
Jan 6, 2010

Sold

MRED #07365661

$750,000—
Dec 3, 2009

Pending

MRED #07365661

—
Dec 2, 2009

Listed (Active)

MRED #07365661

$1,400,000—
DateEvent & SourcePrice
02/13/2026

Listed (Active)

MRED #12568254

$2,225,000
01/06/2010

Sold

MRED #07365661

$750,000
12/03/2009

Pending

MRED #07365661

—
12/02/2009

Listed (Active)

MRED #07365661

$1,400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5124 South University Avenue

Taxable ValueLand$27,060Additions$43,087Total$70,147
Tax Record2017$15,100 ($1,258 / month)
Home Facts
Baths7Total Finished SqFt10,527 SqFtAbove Grade Finished SqFt10,527 SqFtStories3Lot Size8,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1899CountyCOOKAPN20113040090000

Schools near 5124 South University Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Kozminski Elementary Community Academy
Public - PK to 8
Kenwood Academy High School
Public - 7 to 12
Murray Elementary Language Academy
Public - K to 8
Ariel Elementary Community Academy
Public - PK to 8
Rating
School
Distance
Kozminski Elementary Community Academy
PublicPK to 8

Kenwood Academy High School
Public7 to 12

Murray Elementary Language Academy
PublicK to 8

Ariel Elementary Community Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5124 South University Avenue, Chicago, IL 60615

5124 South University Avenue is a multi-family home for sale in Chicago, IL 60615. This property was listed for sale on February 13, 2026 by Chicago Real Estate Resources, it's currently listed at $2,225,000. It has been on the market for a total of 61 days and was last sold on January 6, 2010. This listing's school district is Chicago Public Schools. Nearby schools include Kozminski Elementary Community Academy, Kenwood Academy High School and Murray Elementary Language Academy. 5124 South University Avenue is a 29-bed, 15-bath, multi-family home built in 1904.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chicago Real Estate Resources

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/19/2026 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.