Chicago, IL 60615 5124 S University Avenue
$2,225,000



3 more



Presented By: Chicago Real Estate Resources
Home Details
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.
Presented By: Chicago Real Estate Resources
General for 5124 S University Avenue
Additional Parcels Y/NNo
Cap Rate7.47
CityChicago
CountyCook
Directions5124-5126 S. University Ave. Chicago, IL 60615... South of Hyde Park Boulevard
Electric Expense
Fuel Expense
Gross Income256274
Insurance Expense
Lot Size Square Feet8200
MLS AreaCHI - Hyde Park
MaintenanceExpense
Net Operating Income166122
Number Of Units Total8
Operating Expense82232
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount28013
Tax Year2024
Trash Expense0
Water Sewer Expense0
Year Built1904
Exterior for 5124 S University Avenue
Lot Dimensions8200
Additional Details
Price History
