Under contract
Contingent
5345 S University Avenue
Chicago IL, 60615
$1,606,000
$161.83 per sqft
Under contract
Contingent
10 Beds
6 Baths
9,924 sqft
Residential
Built in 1909
Courtesy of Coldwell Banker Commercial Real Estate Group
STATELY HISTORIC OPPORTUNITY IN HYDE PARK: A VISIONARY'S DREAM. Nestled in the heart of the prestigious Hyde Park neighborhood, this grand 3-story brick home stands as a testament to timeless elegance and potential. Built in 1909, this stately residence, set on a prominent corner lot with natural light filled east, west, and south exposures, offers a rare chance to invest in a piece of Chicago's storied past. While this property requires thoughtful renovation, it is priced for the discerning buyer with vision, and the possibilities are endless. This historic home has seen various incarnations-from a single-family residence to a 4-unit dwelling, and most recently, a dormitory. Now, it awaits your transformation into a dream estate with an after-market value projected between $3M and $4M or more. With over 10 bedrooms, 6 bathrooms, a 3-car garage, and a coach house, the home is primed for reconfiguration to suit modern living. The surrounding area is steeped in architectural significance, with neighboring homes designed by legends such as Frank Lloyd Wright and Burnham & Root. You'll also be in the company of former President Barack Obama's home. This prime location is just steps away from the University of Chicago, the city's stunning lakefront, and a short ten-minute drive from the Loop, making it ideal for both daily convenience and cultural enrichment. Recent upgrades include new electrical systems (2024), a refreshed main roof (2016), new garage roof (2023), tuckpointing (2017), updated windows, professional landscaping, partial fencing, and new paver patio (2022) - all ready for your creative reimagining. Over $2M in renovations and upgrades since 2008. This property is sold AS-IS, offering you the opportunity to breathe new life into a historic treasure and craft a residence that will stand as a legacy for generations to come.
12149937
MLSⓇ ID
August 29, 2024
Listed
February 14, 2025
Updated
Interior Features
Bedrooms
10
Total Bathrooms
6
Full Bathrooms
6
Interior Features
Hardwood Floors, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Some Carpeting, Dining Combo, Drapes/Blinds, Granite Counters, Separate Dining Room, Pantry, Replacement Windows, Workshop Area (Interior)
Appliances
Range, Dishwasher, Refrigerator, Microwave
Laundry Description
Gas Dryer Hookup, In Unit, In Garage, Sink
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Radiator(s)
Exterior/Building Features
Lot Size
0.19 Acres
Exterior Features
Brick Paver Patio, Fire Pit
Lot Features
Corner Lot, Water View
Architectural Style
Traditional
Sewer
Public Sewer
School Information
School District
299
High School
Kenwood Academy High School
Elementary School
Kozminski Elementary School Comm
Other Property Details
Area Name
CHI - Hyde Park
Days on Market
14
Garage
Yes
Garage Spaces
3
Parking Total
3
View
No
County
Cook
Municipality
Hyde Park
Water Source
Lake Michigan, Public
Pool
No
Courtesy of Coldwell Banker Commercial Real Estate Group, Leah Erickson,
Listing Contact: 815-780-7952
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Data last updated 8:36 AM UTC, 2/14/2025