5319 S Indiana Avenue, Chicago, IL 60615
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5319 S Indiana Avenue,Chicago, IL 60615
$755,000
- 14 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: darnisha holliday
Office: exit strategy realty
MLS#:12647110
Source:MLSNI
Price summary
- Price:$755,000
About this home
Calling all investors and owner-occupants to this rare Washington Park Greystone opportunity! This massive 4-unit property features an impressive 14 bedrooms and 8 bathrooms, offering size, flexibility, and income potential that is rarely available in today's market. Truly nothing else like it around. Located 5 miles from downtown, just 1.5 miles from the University of Chicago and within biking distance to Lake Michigan, the beach, Hyde Park, and the Obama Presidential Center, this property sits directly in the path of continued growth and development. New construction has already been completed throughout the block, additional development has broken ground next door, and values continue trending upward in this rapidly appreciating community. Including accommodating bike lanes The building features three oversized 4-bedroom, 2-bath units plus a 2-bedroom, 2-bath garden unit, creating strong rental income potential and excellent flexibility for owner-occupants. 2 occupied and 2 vacant, ideal for multigenerational living, or investors seeking long-term cash flow. Units offer spacious layouts, stainless steel appliances, primary bedroom suites with private baths, separate heating systems, and updated finishes throughout. Renovations and improvements were completed in2021, and 2023, including newer HVAC systems, new roof, newer water heaters, and updated mechanicals. 2026 new back porch. Select units include in-unit laundry room, with additional laundry hookups available. The oversized gated backyard offers room for entertaining and future garage or parking pad potential. Estimated market rents for the main units range from approximately $2,600-$3,000 per month, with the garden unit estimated between $1,700-$2,000 per month, making this an attractive opportunity for both immediate income and immediate/long-term equity growth. Whether you are looking to house hack, expand your portfolio, or secure a large multifamily asset in one of Chicago's evolving investment corridors, this property delivers location, scale, and upside all in one. Schedule your showing today and experience the opportunity for yourself....
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Home facts
- Year built:1898
- Listing ID #:12647110
- Updated:May 24, 2026 at 10:53 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:8
- Full bathrooms:8
- Rooms Total:28
- Basement Description:Finished, Full
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1898
- Architectural Style:Greystone
Schools
- High school:Hyde Park Career Academy Senior
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$755,000
- Tax amount:$9,477 (2024)
Parking
- Total parking spaces:2
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 5319 S Indiana Avenue
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