Chicago, IL 60615,5410 S Indiana AVE
Chicago, IL 60615,5410 S Indiana AVE
Chicago, IL 60615,5410 S Indiana AVE
12
See all 12 photos
$899,000
Est. payment /mo
Save
14,841 SqFt
Price Dropped by $70K

5410 S Indiana AVE Chicago, IL 60615

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
25
Jan
Mon
26
Jan
Tue
27
Jan
Sajeena Jayaprakash

Sajeena Jayaprakash

+1(224) 374-1900

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 14,841 sqft

Price per Sqft $60

MLS Listing ID 12487756

Maintenance Fees $3,487

Year Built 1892

Annual Tax Amount $9,078

Tax Year 2023

Lot Dimensions 50X161

Property Sub-Type Multi Family 5+

Property 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.

Location

State IL

County Cook

Area Chi - Washington Park

Zoning MULTI

Interior

Fireplace N

Exterior

Utilities Available Sewer Connected

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Structure Type Brick,Stone

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Paul Frischer of  Berkshire Hathaway HomeServices Chicago 

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Healy Elementary School

    Public | PK - 8

  • 6

    Chavez Multicultural Academic Center Elementary School

    Public | PK - 8

  • 6

    Providence-Englewood Elementary Charter

    Public | KG - 8

  • 6

    Holden Elementary School

    Public | PK - 8

  • 6

    Robinson Elementary School

    Public | PK - 3

  • 6

    Murray Elementary Language Academy

    Public | KG - 8

  • 5

    Davis M Magnet Elementary School

    Public | KG - 8

  • 5

    Armour Elementary School

    Public | KG - 8

  • 5

    Kershaw Elementary School

    Public | PK - 8

  • 5

    McClellan Elementary School

    Public | PK - 8

  • 5

    Hendricks Elementary Community Academy

    Public | PK - 8

  • 5

    Sherwood Elementary School

    Public | PK - 8

  • 5

    Beasley Elementary Magnet Academic Center

    Public | PK - 8

  • 5

    Ariel Elementary Community Academy

    Public | PK - 8

  • 5

    Ray Elementary School

    Public | PK - 8

  • 5

    Shoesmith Elementary School

    Public | KG - 6

  • 5

    Woodlawn Elementary Community School

    Public | PK - 6

  • 5

    Carnegie Elementary School

    Public | PK - 8

  • 5

    Harte Elementary School

    Public | PK - 8

  • 4

    Libby Elementary School

    Public | KG - 8

Middle Schools 1
  • 0

    Canter Middle School

    Public | 8 - 8

High Schools 20
  • 9

    King College Preparatory High School

    Public | 9 - 12

  • 8

    Chicago High School for the Arts

    Public | 9 - 12

  • 8

    Kenwood Academy High School

    Public | 9 - 12

  • 8

    South Shore International College Prep High School

    Public | 12 - 12

  • 7

    Air Force Academy High School

    Public | 9 - 12

  • 7

    Chicago Military Academy High School

    Public | 9 - 12

  • 6

    Phillips Academy High School

    Public | 9 - 12

  • 6

    Hyde Park Academy High School

    Public | 9 - 12

  • 5

    Richards Career Academy High School

    Public | 9 - 12

  • 5

    Williams Medical Preparatory High School

    Public | 9 - 12

  • 4

    Urban Preparatory Charter Academy Englewood High School

    Public | 9 - 12

  • 3

    Bronzeville Scholastic High School

    Public | 9 - 12

  • 2

    Team Englewood Community Academy High School

    Public | 9 - 12

  • 2

    Dunbar Vocational Career Academy High School

    Public | 9 - 12

  • 1

    Tilden Career Community Academy High School

    Public | 9 - 12

  • 1

    Hope College Preparatory High School

    Public | 9 - 12

  • 1

    Robeson High School

    Public | 9 - 12

  • 1

    Ace Technical Charter High School

    Public | 9 - 12

  • 1

    Hirsch Metropolitan High School

    Public | 9 - 12

  • 0

    Excel Academy - Englewood High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Sajeena Jayaprakash

Sajeena Jayaprakash

Real Estate Broker | License ID: 475.217670

+1(224) 374-1900

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Sajeena Jayaprakash, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

5410 S Indiana AVE