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Accepting Backups
Accepting Backups since Apr 15, 2026 · 13 days

5410 Indiana Avenue

Chicago, IL 60615
Directions
$849,000
0beds
0baths
sqft
Anything from "is it priced right?" to "what's the catch?"

About this home

Nestled in the heart of Chicago's rapidly growing Washington Park neighborhood, this fully occupied, six-unit building offers a blend of stable cash flow and exceptional future potential. Located near the University of Chicago and the expansive Washington Park, this property is positioned to benefit from the area's ongoing development, including the future Obama Presidential Center. With property values steadily rising, this investment represents a rare opportunity for savvy investors. Boasting a classic stone facade and a grand marble entryway, this well-maintained building exudes timeless charm. Each of the six spacious 3-bedroom, 1-bath units spans 1,800 square feet, featuring high ceilings, formal dining rooms, real pantries, private back decks, and beautiful bay windows that flood the interiors with natural light. Hardwood floors and well-kept common areas add to the appeal, ensuring tenant satisfaction and full occupancy. Additionally, the building generates extra income through coin-operated laundry facilities and offers gated parking with a two-car brick garage. With a solid history of long-term tenants, this property is a proven income generator. For investors looking to maximize returns, there is untapped potential in the lower level, where a 7th and possibly 8th unit could be developed, both areas have ingress and egress access. Updates include a 2011 boiler to enhance the property's efficiency. The seller is open to discussing owner financing terms provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.
MLS Description — as provided by the listing brokerage.

The facts

Property typeCommercial Sale
Year built1892
Lot dimensions50X161
AreaCHI - Washington Park
Annual tax$14,676.65
First listedMar 25, 2026
Parcel #20103100490000
CountyCook
MLS #MRD12601233
Days on market33
Photos12

Features

Utilities
Sewer Connected
Construction
BrickStone
Documents available
Rent Roll
Listed by
Berkshire Hathaway HomeServices Chicago
Paul Frischer · 847-848-7771

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 4/26/2026, 11:26:03 AM. All data should be independently verified.

This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.

$849,000
0 bd · 0 ba
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