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
Listed By
Agency Name: Gee Exclusive Realty Group
Agency Phone: 312-714-5188
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
Estimated Payment
$ 3,330.18 per month $2,781.10 Principal & Interest $388.67 Property Tax $160.42 Homeowner's Insurance
5134 S Indiana Avenue | MLS# 12558337
This multi-family property located at 5134 S Indiana Avenue, Chicago, IL 60615 is currently listed for sale with an asking price of $550,000. S Indiana Avenue is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.