Chicago, IL 60615 5134 S Indiana Avenue
$550,000



3 more



Presented By: Gee Exclusive Realty Group
Home Details
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
Presented By: Gee Exclusive Realty Group
Interior Features for 5134 S Indiana Avenue
Bedrooms
Bedrooms Possible11
Total Bedrooms11
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementPartially Finished, Partial
Total Number of Units3
General for 5134 S Indiana Avenue
CityChicago
Construction MaterialsBrick, Concrete
ContingencyContingent on Auction
CountyCook
DirectionsHead south on Indiana Ave from Garfield Blvd. Continue straight for about 1/2 mile. You'll pass 51st Street. 5134 S Indiana Ave will be on your right-hand side, just south of 51st Street
Elementary SchoolBurke Elementary School
Elementary School District299
Garage Spaces2
HeatingNatural Gas, Radiator(s)
High SchoolPhillips Academy High School
High School District299
MLS AreaCHI - Washington Park
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerStorm Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount4664
Tax Year2023
Total Rooms20
TownshipHyde Park
Year Built1898
Exterior for 5134 S Indiana Avenue
BuyerOfficeFax(708) 460-1419
Lot Dimensions27.8 x162.2
Parking FeaturesYes, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
N/A
High School
Phillips Academy High School
Elementary School
Burke Elementary School

SQFT • 5,016