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

Chicago, IL, 60615
$ 550,000
Bedrooms11 Baths3.0 Sq 5,016

Monthly Estimate*

$ 3,386

5134 S Indiana Avenue, Chicago, IL 60615 - Image 1
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5134 S Indiana Avenue, Chicago, IL 60615 - Image 8

Multi-Family Home for sale in Chicago, IL

for $550,000 with 11 bedrooms and 3 full baths. This 5,016 square foot home was built in 1898.

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.

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Multi-Family Active

Price

$ 550,000

Bedrooms

11

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,664

Style

Year Built

1898

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12558337

Features
General
Sewer Storm Sewer
Heating Natural Gas Radiator(s)
Possession Closing
Garage Spaces 2
Construction Materials Brick Concrete
Year Built 1898
Township Hyde Park
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions Head 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
High School Phillips Academy High School
City Chicago
High School District 299
MLS Area CHI - Washington Park
Elementary School Burke Elementary School
Tax Annual Amount 4664
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Partial
Total Bedrooms 11
Total Baths 3
Bedrooms Possible 11
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 27.8 x162.2
Waterfront Y/N N
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* Excluded Features
List By
Gee Exclusive Realty Group

Broker

ebonythebroker@gmail.com

Email

Affordability Calculator

$3,775
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$389
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5373015 Elementary School
566846 Middle School
Phillips Academy High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$550,000 Listed Price

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5134 S Indiana Avenue, Chicago, IL, 60615 is a Multi-Family Home for sale at $550,000 with 5,016 sqft. 5134 S Indiana Avenue has 11 bedrooms, 3.0 baths, and was built in 1898. The property's zip code is 60615 which is in Chicago, IL