5410 S Indiana Avenue — Chicago, IL 60615
Active
Chicago, IL 60615

5410 S Indiana Avenue

$849,000
0 beds · 0 baths
Listed at $849,000 42 days on market $14,677/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$849,000
List price
Square feet
Bedrooms
Bathrooms
1892
Year built
Lot size
Garage spaces
$14,677
Annual taxes
Multi Family 5+
Style
42
Days on market
04Features
Construction
BrickStone
05Neighborhood
  • McDonald's 700 ft
  • Harold's Chicken Shack 750 ft
  • Odyssey II 800 ft
  • The Park Bar and Grill 950 ft
  • Burger King 0.3 mi
  • Little Wok 0.4 mi
  • Garfield Food Mart 800 ft
  • Citgo 0.4 mi
  • Red Apple Food & Liquor 0.4 mi
  • Shell 0.6 mi
  • 76 0.6 mi
  • BP Shop 0.7 mi
  • Lorraine Hansberry Park 0.3 mi
  • Washington (George) Park 0.5 mi
  • George Harding Park 0.6 mi
  • Malus Park 0.7 mi
  • Washington Playground - E 0.7 mi
  • Sherwood Park 0.8 mi
  • Dunkin' 0.3 mi
  • Evelyns Food Love 0.3 mi
  • Southside Grinds Coffee Co. 0.4 mi
  • Sip & Savor 0.9 mi
  • Spoken Word Cafe 0.9 mi
  • Greenline Coffee 1.0 mi
POI data via Mapbox · OpenStreetMap contributors
06History

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

Mar 25, 2026
Listed for saleThis listing
Berkshire Hathaway HomeServices Chicago
$849,000
Sourced from MRED. Older events appear here as our history backfill completes.
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08See it for yourself

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09Similar homes
Listed by Berkshire Hathaway HomeServices Chicago · Paul Frischer · 847-848-7771
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12601233
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