5134 S Indiana Ave

Chicago, IL 60615

$550,000
Price
11
Beds
5,016 Sq. Ft.
$110 / Sq. Ft.
5,016
Sq. Ft.
$110
per Sq. Ft.
a view of a brick building with many windows
a view of an empty room
a view of walk in closet with clothes

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...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
  1. Listed by Ebony Parker • Gee Exclusive Realty Group
    P: (773)-355-0884 C: (773)-355-0884 ebonythebroker@gmail.com

Property Details for 5134 South Indiana Avenue

Area
CHI - Washington Park
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Heat/Fuel
Natural Gas, Radiator(s)
LISTING UPDATED: 02/06/2026 12:08 AM

Property Details for 5134 South Indiana Avenue

StatusActive
MLS #12558337
Days on Market9
Taxes$4,664 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1898
Lot Size0.10 AC / 4,509 SF
CountyCook County

Location

Listing Courtesy of Gee Exclusive Realty Group
Add your commute

Building Information for 5134 South Indiana Avenue

Stories-Residences3Year Built1898Building Size-Lot Size0.10 AC / 4,509 SF

Payment Calculator

$3,069 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,681

Property Taxes

$389

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5134 South Indiana Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Burke Elementary School
  • High School District: 299
  • High School: Phillips Academy High School
  • 2nd Alternate High School: Dyett Academic Center High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Yes, Garage Owned, Detached, Garage
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms Total: 11
  • Bedrooms (Below Grade): 0
  • Basement Type: Partially Finished, Partial
  • Bedrooms Possible: 11
  • Basement Bathrooms: No
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Storm Sewer
  • Water: Lake Michigan
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 27.8 x162.2
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Construction: Brick, Concrete
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 5100
  • East Coordinate: 200
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 0
  • Photos Count: 8
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: M/M
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: n/a
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 3
  • Lease Expiration Date: N/a

Property History for 5134 South Indiana Avenue

DateEvent & SourcePriceAppreciation
Jan 31, 2026

Listed (Active)

MRED #12558337

$550,000—
Jan 30, 2026

Temporarily Off Market

MRED #12556912

—
Jan 30, 2026

Listed (Active)

MRED #12556912

$550,000—
DateEvent & SourcePrice
01/31/2026

Listed (Active)

MRED #12558337

$550,000
01/30/2026

Temporarily Off Market

MRED #12556912

—
01/30/2026

Listed (Active)

MRED #12556912

$550,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5134 South Indiana Avenue

Taxable ValueLand$15,680Additions$12,320Total$28,000
Tax Record2023$4,664 ($389 / month)
Home Facts
Baths3Total Finished SqFt4,998 SqFtAbove Grade Finished SqFt4,998 SqFtStories3Lot Size4,480 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyCOOKAPN20-10-302-023

Schools near 5134 South Indiana Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Burke Elementary School
Public - PK to 8
Phillips Academy High School
Public - 9 to 12
Beasley Elementary Magnet Academic Center
Public - PK to 8
Bronzeville Scholastic High School
Public - 9 to 12
Rating
School
Distance
Burke Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Beasley Elementary Magnet Academic Center
PublicPK to 8

Bronzeville Scholastic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5134 South Indiana Avenue, Chicago, IL 60615

5134 South Indiana Avenue is a multi-family home for sale in Chicago, IL 60615. This property was listed for sale on January 30, 2026 by Gee Exclusive Realty Group, it's currently listed at $550,000. This listing's school district is Chicago Public Schools. Nearby schools include Burke Elementary School, Phillips Academy High School and Beasley Elementary Magnet Academic Center. 5134 South Indiana Avenue is a 11-bed, 3-bath, 5,016 sqft multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Gee Exclusive Realty Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 02/06/2026 12:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.