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 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Vergis H. Eiland III are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 2/14/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 8:36 AM UTC, 2/14/2025

 

 

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