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Jake Fugman

jakefugman@theaxongroup.com +1(630) 379-7464

$550,000

Est. payment - /mo

11 Beds

3 Baths

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UPDATED:

Key Details

Property Type Multi 2-4 Units

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12558337

Bedrooms 11

Year Built 1898

Annual Tax Amount $4,664

Tax Year 2023

Lot Dimensions 27.8 x162.2

Property Sub-Type Two to Four Units

Property Description

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

Location

State IL

County Cook

Area Chi - Washington Park

Rooms

Basement Partially Finished, Partial

Interior

Heating Natural Gas, Radiator(s)

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick,Concrete, No

Sewer Storm Sewer

Water Lake Michigan

Structure Type Brick,Concrete

New Construction false

Schools

Elementary Schools Burke Elementary School

High Schools Phillips Academy High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition Standard

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Listed by Ebony Parker of Gee Exclusive Realty Group

NEARBY SCHOOL & BUSINESS

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Jake Fugman

+1(630) 379-7464

Team Leader | License ID: 890279

Team Leader License ID: 890279

5134 S Indiana AVE Chicago, IL 60615

Jake Fugman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION