5319 S Indiana AVE, Chicago, IL 60615
5319 S Indiana AVE, Chicago, IL 60615
5319 S Indiana AVE, Chicago, IL 60615
5319 S Indiana AVE, Chicago, IL 60615
5319 S Indiana AVE, Chicago, IL 60615
5319 S Indiana AVE, Chicago, IL 60615
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Tierra TheBroker Offboarding-DO NOT REACTIVATE.

Tierra TheBroker Offboarding-DO NOT REACTIVATE.

+1(773) 332-1443
$ 755,000
Est. payment | /mo

14 Beds

8 Baths

Save
$ 755,000
Est. payment | /mo
Save

14 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12647110

Style Greystone

Bedrooms 14

Year Built 1898

Annual Tax Amount $9,477

Tax Year 2024

Lot Dimensions 3912

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Washington Park

Rooms

Basement Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Community Features Other

Building

Dwelling Type Two to Four Units

Building Description Stone,Concrete, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Stone,Concrete

New Construction false

Schools

High Schools Hyde Park Career Academy Senior

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition Home Warranty

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Darnisha Holliday of  EXIT Strategy Realty 

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5319 S Indiana AVE