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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.
| DAYS ON MARKET | 1 | LAST UPDATED | 1/31/2026 |
|---|---|---|---|
| YEAR BUILT | 1898 | COMMUNITY | CHI - Washington Park |
| GARAGE SPACES | 2.0 | COUNTY | Cook |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Phillips Academy High School |
|---|---|
| Elementary School | Burke Elementary School |
| High School | Phillips Academy High School |
| ADDITIONAL DETAILS | |
| AREA | CHI - Washington Park |
|---|---|
| BASEMENT | Partial, Partially Finished, Yes |
| CONSTRUCTION | Brick, Concrete |
| GARAGE | Yes |
| HEAT | Hot Water, Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 27.8 x162.2 |
| PARKING | Detached, Garage |
| TAXES | 4664 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Gee Exclusive Realty Group
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.