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$975,000
12 Beds 7 Baths 12544884 MLS CLOSED Status
MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST/ OFFER DEADLINE 1/19/2026 AT 12:00 pm. Meticulously maintained 3-unit solid Greystone on an oversized 50' x 120' lot with a 4 car detached garage and recently refurbished rear decks. This property combines classic architecture with modern upgrades and strong investment potential. Each unit gets truly amazing light through oversized windows and 4 direction exposures. Steps to CTA Express bus downtown, DuSable Lake Shore Drive, Kenwood High School, Lab Schools, Whole Foods, Starbucks, 'Downtown Hyde Park' shopping/ dining, and University of Chicago Medical complex. This absolutely massive 3-unit property features: 12 total Bedrooms. 7 total baths. Huge rear decks. 4- car detached brick garage. Lush perennial side and rear gardens. Original hardwood floors. Units 2 and 3 feature 4- bedrooms, 2- baths, and double parlors. Unit 1 (owners unit) features 3- bedrooms, 2- baths and connects with a separate studio garden unit via a private interior stair. All units have formal dining rooms Additional features: Original millwork. Pocket doors. Working transoms. Major upgrades include: Three furnaces (oldest 2021, serviced annually). Two of the three water heaters replaced in 2022-2023. Parapet walls refurbished (2022 & 2024). Roof resurfaced & silver-coated (2024). Sewer lines cleaned & epoxy-coated (50-year transferable warranty, 2021). 17 of the double-pane windows replaced (2024). Owner's Unit: New washer/dryer, newer stove & refrigerator (2023). Garden Unit: Private side entrance via new, secure storm door, Full bath with deep soaker spa tub, offering excellent in- law arrangement or short-term rental potential (Airbnb-ready). Tenant Amenities: New coin-operated laundry in basement. Each unit pays its own utilities. Located in the sought-after Kenwood/Hyde Park- steps from the University of Chicago, lakefront trails, parks, dining, and cultural landmarks. Perfect for owner-occupant or investor seeking turnkey income and long-term durability. Please check out the 3 virtual tours!

5319 S Maryland Avenue, Chicago

$592,500
8 Beds 5 Baths 11821387 MLS CLOSED Status
Attention investors and house hackers!!! Welcome to 5319 S. Ellis Ave., a remarkable multi-family building in the heart of Hyde Park. This elegant brick walk- up exudes timeless charm, showcasing classic historic Chicago architecture while boasting excellent income. The property has two spacious 3-bedroom | 2-bathroom units and a bonus non-conforming garden unit with 2 bedrooms and 1 bathroom. Meticulously cared for, this building has undergone regular maintenance and updates since its 2009 renovation. Each apartment offers an irresistible blend of desirable features, including open floor plans, generous square footage, ample bedroom space, and abundant natural light. The units have been thoughtfully enhanced with updated kitchens and the convenience of in-unit laundry. Owner expenses are minimized through individual and separate utilities. 5319 S. Ellis Avenue presents a remarkable investment opportunity for those seeking to acquire a property in the highly sought-after Hyde Park neighborhood, one of Chicago's most dynamic and rapidly developing areas. With this investment, a new owner can capitalize on the potential to add value without incurring the substantial costs associated with a full-scale construction renovation. By adjusting rental rates to match those already achieved within the building, the incoming owner can further enhance its income potential. Live in one unit and let the rest of the building pay your mortgage or add to your portfolio for a long term hold. This unique offering allows for the acquisition of a stable investment with upside in an excellent location, ensuring a solid cash-on- cash return for years to come.

5319 S Ellis Avenue, Chicago

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Hyde Park, Chicago IL · Curated MLS Search

Multi-Family Homes in Hyde Park, Chicago IL

An editorially curated view of every active multi-family homes listing in Hyde Park, Chicago IL. Updated in real time from the local MLS, presented without the noise.

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