5345 S University Avenue Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60615
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,924 sqft
Price per Sqft $161
MLS Listing ID 12149937
Style Traditional
Bedrooms 10
Full Baths 6
Year Built 1909
Tax Year 2023
Lot Size 8,276 Sqft
Lot Dimensions 60 X 140
Property Sub-Type Detached Single
Property Description
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.
Location
State IL
County Cook
Community Sidewalks,Street Lights,Street Paved
Rooms
Basement None
Interior
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)
Heating Radiator(s)
Cooling None
Fireplace N
Appliance Range,Dishwasher,Refrigerator,Microwave
Laundry Gas Dryer Hookup,In Unit,In Garage,Sink
Exterior
Exterior Feature Brick Paver Patio,Fire Pit
Parking Features Detached
Garage Spaces 3.0
View Y/N true
Building
Lot Description Corner Lot,Water View
Story 3 Stories
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan,Public
New Construction false
Schools
Elementary Schools Kozminski Elementary School Comm
Middle Schools Kozminski Elementary School Comm
High Schools Kenwood Academy High School
School District 299,299,299
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None