5410 S Indiana Ave

Chicago, IL 60615

$899,000
Price
18
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a view of a big building with a big yard and large trees

Description

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...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.

Property Details for 5410 South Indiana Avenue

Area
CHI - Washington Park
Zoning
MULTI
LISTING UPDATED: 12/08/2025 08:59 AM

Property Details for 5410 South Indiana Avenue

StatusActive
MLS #12487756
Days on Market66
Taxes$9,078 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1892
Lot Size0.18 AC / 8,050 SF
CountyCook County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Chicago
Add your commute

Building Information for 5410 South Indiana Avenue

Stories3Residences6Year Built1892Building Size-Lot Size0.18 AC / 8,050 SF

Payment Calculator

$5,199 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,442

Property Taxes

$757

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5410 South Indiana Avenue

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 2
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators,Steam
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 2
  • Num of Baths: 6.0
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Sewer Connected
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 50X161
  • Stories: 3
  • Construction: Brick, Stone
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Flat
  • Building Area Total: 14841
  • # Of Ranges: 6
Property and Assessments
  • Buyer Financing: Negotiable
  • Documents Available: Rent Roll
  • Public Document Count: 4
  • Document Date: 2025-10-10T15:27:34
  • Photos Count: 12
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $714.00
  • Fuel Expense: $6,170.00
  • Gross Income: $123,036.00
  • Gross Scheduled Income: $123,036.00
  • Insurance Expense: $.00
  • Maintenance Expense: $3,487.00
  • Electric Expense Source: Actual
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Janitor Expense: 225
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Total Monthly Income: 10253
  • Water Expense Source: Actual
  • Net Operating Income: $101,988.00
  • Operating Expense: $11,969.00
  • Other Expense: $2,797.00
  • Trash Expense: $1,345.00
  • Water Sewer Expense: $3,739.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 5410 South Indiana Avenue

DateEvent & SourcePriceAppreciation
Nov 28, 2025

Price Change

MRED #12487756

$899,000—
Oct 9, 2025

Listed (Active)

MRED #12487756

$969,000—
Sep 24, 2025

Expired

MRED #12171959

$980,000—
Sep 7, 2025

Contingent

MRED #12171959

—
Mar 13, 2025

Listed (Active)

MRED #12171959

$980,000—
Feb 14, 2011

Sold

MRED #07561473

$175,000—
Feb 11, 2011

Sold (Public Record)

Public Record #305079887

$175,000—
Jan 28, 2011

Pending

MRED #07561473

—
Nov 28, 2010

Listed (Active)

MRED #07561473

$275,000—
Jun 13, 2010

Expired

MRED #07397330

$345,000—
Dec 12, 2009

Listed (Active)

MRED #07397330

$399,000—
DateEvent & SourcePrice
11/28/2025

Price Change

MRED #12487756

$899,000
10/09/2025

Listed (Active)

MRED #12487756

$969,000
09/24/2025

Expired

MRED #12171959

$980,000
09/07/2025

Contingent

MRED #12171959

—
03/13/2025

Listed (Active)

MRED #12171959

$980,000
02/14/2011

Sold

MRED #07561473

$175,000
02/11/2011

Sold (Public Record)

Public Record #305079887

$175,000
01/28/2011

Pending

MRED #07561473

—
11/28/2010

Listed (Active)

MRED #07561473

$275,000
06/13/2010

Expired

MRED #07397330

$345,000
12/12/2009

Listed (Active)

MRED #07397330

$399,000

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

Public Records for 5410 South Indiana Avenue

Taxable ValueLand$28,175Additions$15,825Total$44,000
Tax Record2023$9,314 ($776 / month)
Home Facts
Baths6Total Finished SqFt9,573 SqFtAbove Grade Finished SqFt9,573 SqFtStories3Lot Size8,050 SqFtStyleMulti-Family Res (5+ Units)Year Built1892CountyCOOKAPN20-10-310-049

Schools near 5410 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
Walter Henri Dyett HS for Arts
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

Walter Henri Dyett HS for Arts
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 5410 South Indiana Avenue, Chicago, IL 60615

5410 South Indiana Avenue is a multi-family home for sale in Chicago, IL 60615. This property was listed for sale on October 9, 2025 by Berkshire Hathaway HomeServices Chicago, it's currently listed at $899,000. It has been on the market for a total of 66 days and was last sold on February 14, 2011. 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. 5410 South Indiana Avenue is a 18-bed, 6-bath, multi-family home built in 1892.

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 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 Berkshire Hathaway HomeServices Chicago

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 12/08/2025 08:59 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.