5134 S Indiana Ave

Chicago, IL 60615
  • $550,000

    Price
  • 11

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 84891 - 1012543

Located in the sought after Washington Park neighborhood, this multifamily investment property at 5134 S Indiana Avenue presents an excellent opportunity for investors seeking value and upside potential. The property is conveniently situated near the University of Chicago Hospital and in close proximity to the Obama Presidential Library, adding long-term appeal and neighborhood growth potential. The building features a total of 11 bedrooms and 3 bathrooms, offering generous living space across multiple units. The second and third units include private balconies, providing outdoor space and added tenant appeal. With solid bones and strong rental potential, this property is ideal for an investor willing to add a little TLC to maximize value. Whether for long-term rental income or repositioning, this is a great opportunity to invest in a growing area of Chicago. In addition, the property features a garden-level space with an extra bedroom and bath, presenting a value-add opportunity to renovate and potentially convert into a fourth unit. The Property is being sold AS-IS

Listing Highlights

Status Active
Days on Site 25
Property Type Multi-Family
MLS ® 12558337
Year Built 1898
Total Square Footage 0
Lot/Acreage 27.8 x162.2
County Cook
School District 299
Elementary School Burke Elementary School

Interior Details

  • Bedrooms: 11
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Radiator(s)
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Partially Finished,Partial
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 27.8 x162.2
  • Roof:
  • Others:
  • Sewer: Storm Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $4,664
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20103020230000
  • Tax Year: 2023

Payment Calculator

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5134 S Indiana Ave Chicago, IL 60615

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Originating MLS: mred

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