5134 S Indiana Avenue Chicago IL 60615 MLS #MRD12558337

MLS #MRD12558337 image #0
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 Details

Price:
$550,000
MLS #:
MRD12558337
Status:
Active
Beds:
11
Baths:
3
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Jan 31, 2026
Year Built:
1898
Chi – Washington ParkChiwashingtonparkBurke Elementary SchoolPhillips Academy High School

Schools

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

Interior

Heating
Natural Gas, Radiator(s)

Exterior

Construction Materials
Brick, Concrete
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
Taxes
$4,664

Listing Agent & Office

Ebony Parker
Gee Exclusive Realty Group

See this Listing

Send
  

Mortgage Calculator

 

Map

Similar Listings Nearby

broker reciprocity
MLS# MRD12598776broker reciprocity
5419 S Wabash Avenue
Chicago, IL

$715,000

0.4 miles away

broker reciprocity
MLS# MRD12266154broker reciprocity
2335 W 21 Street
Chicago, IL

$699,900

4.8 miles away

broker reciprocity
MLS# MRD12547040broker reciprocity
5169 S Michigan Avenue
Chicago, IL

$699,500

0.1 miles away

broker reciprocity
MLS# MRD12551260broker reciprocity
2440 S Oakley Avenue
Chicago, IL

$699,000

4.5 miles away

broker reciprocity
MLS# MRD12553604broker reciprocity
2815 W 25th Street
Chicago, IL

$695,000

4.9 miles away

broker reciprocity
MLS# MRD12574368broker reciprocity
4552 S Indiana Avenue
Chicago, IL

$695,000

0.7 miles away

broker reciprocity
MLS# MRD12540217broker reciprocity
6718 S Saint Lawrence Avenue
Chicago, IL

$686,000

2.0 miles away

broker reciprocity
MLS# MRD12543021broker reciprocity
3610 S Seeley Avenue
Chicago, IL

$679,000

3.4 miles away

broker reciprocity
MLS# MRD12514364broker reciprocity
2662 N Ashland Avenue
Chicago, IL

$670,000

4.2 miles away

broker reciprocity
MLS# MRD12547273broker reciprocity
6410 S Vernon Avenue
Chicago, IL

$665,000

1.6 miles away

5134 S Indiana Avenue
Chicago, IL