5134 S Indiana Avenue — Chicago, IL 60615
Active Under Contract
Chicago, IL 60615

5134 S Indiana Avenue

$550,000
11 beds · 3 baths
Listed at $550,000 86 days on market $4,664/yr taxes
01About this home

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

02Inside the home
03By the numbers
$550,000
List price
Square feet
11
Bedrooms
3
Bathrooms
1898
Year built
Lot size
2
Garage spaces
$4,664
Annual taxes
Two to Four Units
Style
86
Days on market
04Features
Heating
Natural GasRadiator(s)
Parking
Garage OwnedDetachedGarage
Construction
BrickConcrete
Sewer
Storm Sewer
05Neighborhood
This home EElementary schoolHHigh school
E Elementary school
Burke Elementary School
Chicago, IL
📍0.4 mi🚗1 min🚶9 min
H High school
Phillips Academy High School
Chicago, IL
📍1.6 mi🚗4 min🚶39 min
  • Little Wok 400 ft
  • Skidoe's Café & Grill 500 ft
  • Friistyle 650 ft
  • Louisiana Famous Fried Chicken 700 ft
  • Five One Food Fresh Grill 750 ft
  • The Hot Dog Box 850 ft
  • Citgo 200 ft
  • Red Apple Food & Liquor 700 ft
  • Garfield Food Mart 0.5 mi
  • BP Shop 0.5 mi
  • Adom African Market 0.6 mi
  • Shell 0.7 mi
  • George Harding Park 0.3 mi
  • Robert Taylor Park 0.6 mi
  • Lorraine Hansberry Park 0.6 mi
  • Washington (George) Park 0.7 mi
  • Malus Park 0.8 mi
  • Drexel Square 0.8 mi
  • Southside Grinds Coffee Co. 850 ft
  • Dunkin' 0.5 mi
  • Sip & Savor 0.6 mi
  • Evelyns Food Love 0.6 mi
  • Spoken Word Cafe 0.6 mi
  • Ain’t She Sweet Cafe 1.2 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jan 31, 2026
Listed for saleThis listing
Gee Exclusive Realty Group
$550,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Gee Exclusive Realty Group · Ebony Parker · 773-355-0884
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12558337
Talk to an agent