5117 S University Avenue #2B, Chicago IL 60615
$320,000

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Property Description

Excellent investment opportunity near the University of Chicago. This spacious second-floor condo is configured as 3 bedrooms, 2 full bathrooms, plus one additional room currently used as a bedroom. The unit is fully occupied and generating immediate rental income. Current total rent is $2,900 per month. The unit features a large living room, full-size kitchen, electric stove, in-unit washer and dryer, radiator heat, two full bathrooms, and an outdoor balcony. One bathroom has been recently renovated. Conveniently located near the University of Chicago, Target, Whole Foods, restaurants, shopping, and public transportation.

Features & Information

Key Details

  • List Price $320,000
  • Property Taxes $3,916
  • Assessments/HOA $725
  • Assessments/HOA frequency Monthly
  • Assessments/HOA Fee Includes Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Square Feet 0
  • Listing Market Time 1
  • Status New

Rooms

  • Total Rooms 5
  • Number of Bedrooms 3
  • Number of Bathrooms 2
  • Primary Bedroom

  • Room Size 12X10
  • Floor Level Main
  • Bedroom 2

  • Room Size 10X10
  • Floor Level Main
  • Bedroom 3

  • Room Size 10X10
  • Floor Level Main
  • Living Room

  • Room Size 12X15
  • Floor Level Main
  • Kitchen

  • Room Size 20X12
  • Floor Level Main

Additional Rooms

  • Laundry

  • Room Size 5X8
  • Floor Level Main

Interior Features

  • Heating & Cooling

  • Heating Type Natural Gas, Steam
  • Air Conditioning None

Exterior Features

  • Parking

  • # of Cars 0

Building Information

  • Number of Units 6
  • Age of Building 81-90 Years

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property East Or West On Hyde Park Blvd (51st Street) To University, Then South.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District 299
  • Property Taxes

  • Tax 3916.24
  • Tax Year 2025
  • Parcel Identification Number 20113050171006

Listed by Wen Kai Chueh for Century 21 Realty Associates | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/11/2026 7:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Explore Hyde Park

Hyde Park is home of the prestigious University of Chicago and the Museum of Science and Industry. This once prosperous hotel and lakeside resort area on Chicago's south side is quickly returning to its former glory with new residential development and scenic waterfront landscapes. The breathtaking sliver of shoreline along Lake Michigan is usually speckled with walkers, joggers, bikers and stroller-pushers, while the museum grounds teem with visitors from around the world. The rest of Hyde Park accommodates residents and students with a diverse mix of restaurants, bookshops, historic landmarks and several seasonal events, bike tours and neighborhood street festivals. Throughout Hyde Park are stunning vintage buildings and treasured architectural gems, some designed by famous architects such as Frank Lloyd Wright and Mies van der Rohe.

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