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5134 S Indiana Avenue Chicago, IL 60615

$550,000
Contingent / MLS# 12558337 / Multi Unit - Multiple / Chicago
11 Beds
3 Baths

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

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Estimated Payment

$ 1,771.31 per month $1,222.22 Principal & Interest $388.67 Property Tax $160.42 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Partial
Garage: 2
Heating: Natural Gas, Radiator(s)
Lot Size: 27.8 x162.2
Taxes: $4,664
Year Built: 1898

Feature Descriptions

Exterior: Brick, Concrete
Lot Dimensions: 27.8 x162.2
Parcel#: 20103020230000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Storm Sewer
Total Rooms: 20
Township: Hyde Park
Water: Lake Michigan

Schools

High School: Phillips Academy High School
Elementary School: Burke Elementary School
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Gee Exclusive Realty Group

Listing Office Phone: 312-714-5188



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