5135 South Dorchester Avenue

Chicago, IL 60615

$1,200,000
Last Sold Price
7
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fully Renovated 4-unit building in the Heart of Hyde Park. This is a must-see; the owners thoughtfully and meticulously renovated each unit perfectly to combine the original, vintage characteristics with the gorgeous, new, and modern finishes throughout. The main structure consists of 3 units and 1 coach house above the garage. Owners rent the 3rd-floor unit on various sites (VRBO, peerspace and booking website). 2nd, 1st, and coach house units are all on 12-month leases (kick-out clause). Amazing...Fully Renovated 4-unit building in the Heart of Hyde Park. This is a must-see; the owners thoughtfully and meticulously renovated each unit perfectly to combine the original, vintage characteristics with the gorgeous, new, and modern finishes throughout. The main structure consists of 3 units and 1 coach house above the garage. Owners rent the 3rd-floor unit on various sites (VRBO, peerspace and booking website). 2nd, 1st, and coach house units are all on 12-month leases (kick-out clause). Amazing cash flow with the potential to duplex down the 1st-floor unit. All units, with the exception of the coach house, are 2 bed 1 bath. The coach house is a studio unit. Rental Figures: Unit 1: $2500 (plus $150 for garage space) Unit 2: $2500 Unit 3: $6000 (average per month) Coach House: $1150 (the seller does not warrant the legality of the coach house unit).

Listing Agent

  1. Ben Lalez

    Ben Lalez

    Listing Agent

    Compass

    ben.lalez@compass.com

    P: 312.789.4054

Property Details for 5135 South Dorchester Avenue

Area
CHI - Hyde Park
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
1.0
Num Of Cars
1.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Hot Water/Steam, Radiant
Architectural Style
Brownstone

Location

Sold By Enterprise Realty Power Broker

Add your commute
LISTING UPDATED: 05/10/2023 02:53 PM

Property Details for 5135 South Dorchester Avenue

StatusClosed
MLS #11741996
Days on Market38
Taxes$13,071 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1895
Lot Size0.39 AC / 17,125 SF
CountyCook County

Location

Sold By Enterprise Realty Power Broker

Add your commute

Virtual Tour

Building Information for 5135 South Dorchester Avenue

Stories-Residences4Year Built1895Building Size-Lot Size0.39 AC / 17,125 SF

Payment Calculator

$7,638 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,089

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5135 South Dorchester Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • High School: Kenwood Academy High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 7
  • Basement Description: Unfinished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Balcony, Brick Paver Patio, Storms/Screens, Door Monitored By TV, Cable Access
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Irregular
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 125' X 137'
  • Total # Units in Building: 4.0
  • Other Structures: Storage
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • Roof Type: Rubber
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 5135
  • East Coordinate: 1400
  • West Coordinate: 0
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 37
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: Image360+realtor
  • Virtual Tour YN: Yes
Multi Family
Income & Expenses
  • Electric Expense: $540.00
  • Fuel Expense: $5,400.00
  • Gross Income: $146,280.00
  • Insurance Expense: $1,500.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Trash Expense Source: Actual
  • Trash Expense Year: 2021
  • Water Expense Source: Actual
  • Net Operating Income: $119,056.00
  • Trash Expense: $600.00
  • Water Sewer Expense: $600.00
Unit 1
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/24
Unit 2
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 04/23
Unit 3
  • Unit Type Actual Rent: $6,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: N/A
Unit 4
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 09/23

Property History for 5135 South Dorchester Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5135 South Dorchester Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - K to 6
Public - 7 to 12
Public - K to 8
Rating
School
Distance
Ray Elementary School
PublicPK to 8

Shoesmith Elementary School
PublicK to 6

Kenwood Academy High School
Public7 to 12

Murray Elementary Language Academy
PublicK 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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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.