IL
Cook
Chicago
60615
5410 S Indiana Avenue
5410 S Indiana Avenue, Chicago, IL 60615
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Listing Type
Commercial/Industrial
Listing Status
contingent
12
$980,000

Home Details for 5410 S Indiana Avenue

Price
$980,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1892
County
Cook
Garage
Days on site
194
MLS Listing#
12171959
Property 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 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 10% cap rate and a 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, thereby expandng this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.

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Property Features
  • Water Features
    • Public
  • Utilities
    • Sewer Connected
Listing Courtesy: Berkshire Hathaway HomeServices Chicago - 847-492-9660
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-09 11:45:34. 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.
Last Updated: 2025-09-09 11:45:34
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EXIT TRUE DESIGN REALTY
11070 S. Western Ave. Suite 7, Chicago, IL 60643
Office
708 573 8801
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