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$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.
Full Property Details
Full Property Details for 5117 S University Ave #2B
General
- Price: $320,000
- HOA FEE: $725/month
- Taxes: $3,916 (2025)
- Status: Active
- Type: Condo
- Source: MRED
- MLS ID: 12752915
Interior
- Basement: None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Location
- Area: CHI - Hyde Park
- County: Cook
- Township: Hyde Park
- Driving Directions: East or west on Hyde Park Blvd (51st Street) to University, then south.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
- Mgmt. Company: Meliora Real Estate Group
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, Steam
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Structure Type: Condo
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Entry Floor Number: 2
- Stories/Levels: 3
- Square Feet: 1,937
- Sq. Ft. Source: Estimated
- Built Before 1978: Yes
Unit Information
- Units in Building: 6
Lot Features
- Lot Dimensions: PER SURVEY
Financial Considerations
- Association Fee: $725
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,916.24
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Condo
- Special Conditions: List Broker Must Accompany
- Property ID: 20113050171006
Listed by Century 21 Realty Associates
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Schools
Schools serving 5117 S University Ave #2B
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Kozminski Elementary Community Academy 936 East 54th Street, Chicago, IL 60615 | PK-8 | 0.3 mi |
Kenwood Academy High School 5015 South Blackstone Avenue, Chicago, IL 60615 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 5117 S University Ave #2B
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,541
—
$18,800
57%
2023
$2,541
3%
$11,999
—
2022
$2,468
2%
$11,999
—
2021
$2,413
-27%
$11,999
-19%
2020
$3,300
2%
$14,813
-8%
2019
$3,241
2%
$16,132
—
2018
$3,187
-2%
$16,132
6%
2017
$3,265
7%
$15,166
—
2016
$3,038
9%
$15,166
—
2015
$2,779
43%
$15,166
45%
2014
$1,946
2%
$10,488
—
2013
$1,907
-4%
$10,488
-5%
2012
$1,981
—
$11,040
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5117 S University Ave #2B
5117 S University Avenue #2B, Chicago, IL 60615 (MLS# 12752915) is a Condo property with 3 bedrooms and 2 full bathrooms. 5117 S University Avenue #2B is currently listed for $320,000 and was received on September 07, 2026. Want to learn more about 5117 S University Avenue #2B? Do you have questions about finding other Condo real estate for sale in Hyde Park? You can browse all Hyde Park real estate or contact a Coldwell Banker agent to request more information.
