Homes for sale - 5345 S University AVE, Chicago, IL 60615

Key Details

Sold Price $1,560,0002.9%

Property Type Single Family Home

Sub Type Detached Single

Listing Status Sold

Purchase Type For Sale

Square Footage 9,924 sqft

Price per Sqft $157

MLS Listing ID 12149937

Sold Date

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

Area Chi - Hyde Park

Rooms

Basement None

Interior

Interior Features 1st Floor Bedroom,1st Floor Full Bath,Built-in Features,Walk-In Closet(s),Bookcases,Dining Combo,Granite Counters,Separate Dining Room,Pantry,Replacement Windows,Workshop

Heating Radiator(s)

Cooling None

Flooring Hardwood,Laminate,Carpet

Equipment Ceiling Fan(s),Sump Pump,Water Heater-Gas

Fireplace N

Appliance Range,Dishwasher,Refrigerator,Microwave

Laundry Main Level,Gas Dryer Hookup,In Unit,In Garage,Sink

Exterior

Exterior Feature Fire Pit

Garage Spaces 3.0

Community Features Sidewalks,Street Lights,Street Paved

Building

Lot Description Corner Lot

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan,Public

Structure Type Brick

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