5716 S Indiana Avenue Chicago IL 60637 MLS #MRD12263122

MLS #MRD12263122 image #0
Attention developers, investors, and owner-occupants with a vision! Discover the potential of 5716 S Indiana Ave, a prime opportunity in Chicago’s thriving real estate market. This RM-5 zoned property is a blank canvas, ready for a complete rehab. Whether you are looking to design a luxurious 3-level mansion, create a single family home with an income-generating garden unit, or convert the property into 3 separate units, the possibilities are endless! The basement already features plumbing and egress, making the addition of a 3rd unit straightforward. With the versatility of RM-5 zoning, this property is a rare find for those ready to transform potential into profit. Situated in a desirable location with access to the Garfield Green Line station, easy access to highways, close to Washington Park, Jackson Park, library, Hyde Park, and 10 minutes from the future site of the Obama Library, and so much more. This is your chance to make an impact! Bring your renovation financing or your developer’s dream team and unlock the endless potential of this diamond in the rough! Schedule your showing today and let your imagination run wild! Room sizes and measurements are estimated.

Property Details

Price:
$290,000
MLS #:
MRD12263122
Status:
Active Under Contract
Beds:
3
Baths:
4
Type:
Single Family
Neighborhood:
chiwashingtonpark
Listed Date:
Jan 2, 2025
Finished Sq Ft:
3,348
Year Built:
1900
Chi – Washington ParkChiwashingtonpark

Schools

School District:
299

Interior

Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
None
Heating
None

Exterior

Construction Materials
Brick, Stone
Exterior Features
Balcony
Parking Features
Off Site, Owned
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Porch

Financial

HOA Fee Frequency
Not Applicable
HOA Includes
None
Tax Year
2023
Taxes
$4,445

Listing Agent & Office

Gwendolene Newton
Century 21 S.G.R., Inc.

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