5134 Indiana Avenue, Washington Park, Chicago, Illinois 60615
$550,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 11 |
| Baths: | 0 |
| Year Built: | 1898 |
| Property Taxes: | $4,664 |
| Days On Market: | 25 |
| Lot Size: | 0,00 |
Description
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
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1898 | |
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| No | |
| — |
| Cook | |
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| — / — | |
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| 12558337 | |
| 20103020230000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Burke Elementary School |
299 | — | |
|
High School
Phillips Academy High School |
299 | Not in DB | |
|
Alternate High School
Dyett Academic Center High Schoo |
— | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 31 Jan, 2026 | Listed for sale | $550,000 | MRED MLS |
Room Specifics
Total Bedrooms: 11
Bedrooms Above Ground: 11
Bedrooms Below Ground: 0
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Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| — | |
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| 27.8 x162.2 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $4,664 |
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Listing Provided By
Gee Exclusive Realty Group
