5134 S Indiana Avenue
Chicago, IL, 60615
$550,000
11 Beds
3 Baths
0 SqFt
0 Acres
Add
Add
$550,000
5134 S Indiana Avenue
Chicago, IL, 60615
MLS #MRD12558337 image #0MLS #MRD12558337 image #1MLS #MRD12558337 image #2MLS #MRD12558337 image #3
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.

Property Details

Price:
$550,000
MLS #:
MRD12558337
Status:
Active
Beds:
11
Baths:
3
Type:
Multi Family
Neighborhood:
chiwashingtonpark
Listed Date:
Jan 31, 2026
Year Built:
1898
Chi – Washington ParkChiwashingtonparkBurke Elementary SchoolPhillips Academy High School

Schools

School District:
299
Elementary School:
Burke Elementary School
High School:
Phillips Academy High School

Interior

Heating
Natural Gas, Radiator(s)

Exterior

Construction Materials
Brick, Concrete
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2

Financial

Tax Year
2023
Taxes
$4,664
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Current real estate data for Multi Family in Chicago as of Feb 01, 2026
1,188
Multi Family Listed
96
Avg DOM
$462,905
Avg List Price

Community

Subdivisions in Chicago

Similar Listings Nearby

broker reciprocity
MLS# MRD12540217broker reciprocity
6718 S Saint Lawrence Avenue
Chicago, IL

$701,000

2.0 miles away

broker reciprocity
MLS# MRD12483301broker reciprocity
7759 S Constance Avenue
Chicago, IL

$700,000

1.7 miles away

broker reciprocity
MLS# MRD12525305broker reciprocity
4615 S Vincennes Avenue
Chicago, IL

$699,900

4.1 miles away

broker reciprocity
MLS# MRD12547040broker reciprocity
5169 S Michigan Avenue
Chicago, IL

$699,500

0.1 miles away

broker reciprocity
MLS# MRD12531220broker reciprocity
4201 S Normal Avenue
Chicago, IL

$699,000

1.5 miles away

broker reciprocity
MLS# MRD12543021broker reciprocity
3610 S Seeley Avenue
Chicago, IL

$699,000

3.4 miles away

broker reciprocity
MLS# MRD12551260broker reciprocity
2440 S Oakley Avenue
Chicago, IL

$699,000

4.5 miles away

broker reciprocity
MLS# MRD12551836broker reciprocity
1421 E 69th Place
Chicago, IL

$699,000

2.8 miles away

broker reciprocity
MLS# MRD12553604broker reciprocity
2815 W 25th Street
Chicago, IL

$695,000

4.9 miles away

broker reciprocity
MLS# MRD12530301broker reciprocity
4055 S Ellis Avenue
Chicago, IL

$689,900

1.7 miles away

Property Summary

    5134 S Indiana Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60615. It is listed for $550,000 To schedule a showing of MLS#mrd12558337 at 5134 S Indiana Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5134 S Indiana Avenue
Chicago, IL