5410 S Indiana Avenue, Chicago, IL 60615
Cook County
Key Facts
Description
Nestled in the heart of Chicago's rapidly growing Washington Park neighborhood, this fully occupied, six-unit building offers a blend of stable cash flow and exceptional future potential. Located near the University of Chicago and the expansive Washington Park, this property is positioned to benefit from the area's ongoing development, including the future Obama Presidential Center. With property values steadily rising, this investment represents a rare opportunity for savvy investors. Boasting a classic stone facade and a grand marble entryway, this well-maintained building exudes timeless charm. Each of the six spacious 3-bedroom, 1-bath units spans 1,800 square feet, featuring high ceilings, formal dining rooms, real pantries, private back decks, and beautiful bay windows that flood the interiors with natural light. Hardwood floors and well-kept common areas add to the appeal, ensuring tenant satisfaction and full occupancy. Additionally, the building generates extra income through coin-operated laundry facilities and offers gated parking with a two-car brick garage. With a solid history of long-term tenants, this property is a proven income generator. For investors looking to maximize returns, there is untapped potential in the lower level, where a 7th and possibly 8th unit could be developed, both areas have ingress and egress access. Updates include a 2011 boiler to enhance the property's efficiency. The seller is open to discussing owner financing terms provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1892
Stories
3
Living Area
14,841 sq ft
Lot Dimensions
50X161
Zoning
MULTI
Days on Market
42
MLS® Listing#
12601233
Property Features
Construction
Utilities
Financial Details
Annual Taxes
$14,677
Tax year 2024
Parcel Number
20103100490000
Directions
East on Garfield Ave. North on Indiana to 5410 S.
Affordability Calculator
$169,800
Estimated monthly payment
$4,519/mo
Principal $679,200 · Est. interest $947,544 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $389,939
- Median Listing Price
- 45
- Median Days on Market
- 1,444
- Median Sq Ft
- $273
- Median Price / Sq Ft
- 4,582
- Active Listings
- This home’s price is 118% above the area median.
- Its price per sq ft is 79% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
- 5410 S Indiana Avenue, Chicago, IL 60615
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
Ace Tech School
School · 0.3 mi away
Burke Elementary School
Elementary · 0.3 mi away
Beasley Academic Center
Elementary · 0.3 mi away
School of Life
School · 0.4 mi away
Carter Elementary School
Elementary · 0.5 mi away
Educare Chicago
School · 0.5 mi away
Dusable High School
Secondary · 0.6 mi away
Chicago Public Schools
School · 0.6 mi away
Dyett High School
Secondary · 0.6 mi away
Daniel Hale Williams Preparatory School of Medicine
Secondary · 0.6 mi away
Bronzeville Scholastic High School
Secondary · 0.6 mi away
Parkman Elementary School
Elementary · 0.7 mi away
Sherwood Elementary School
Elementary · 0.7 mi away
Cics Washington Park
School · 0.8 mi away
Chicago International Charter School
Elementary · 0.8 mi away
Ross Elementary School
Elementary · 0.8 mi away
Regeneration Schools
School · 0.8 mi away
Beethoven Elementary School
Elementary · 0.9 mi away
Hales Franciscan High School
Secondary · 1.0 mi away
Bronzeville Academy Charter School
School · 1.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5037 W Winona Street, Chicago, IL | $594,888 | 4 | 3 | — |
| 2946 S Loomis Street, Chicago, IL | $594,900 | 6 | 3 | — |
| 3311 N Kostner Avenue, Chicago, IL | $594,999 | 5 | 3 | — |
| 1415 E 71st Place, Chicago, IL | $595,000 | 9 | 6 | — |
| 8624 S Maryland Avenue, Chicago, IL | $595,000 | — | — | 3,952 |
| 4107 W Addison Street, Chicago, IL | $595,000 | 3 | 3 | 1,750 |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Berkshire Hathaway HomeServices Chicago - 8474929660
Last Updated: 2026-03-25