Closed

$755,000

5319 Indiana Avenue, Chicago, IL 60615
14 Beds8 Baths13 days
5319 Indiana Avenue·Chicago, IL 60615
14Bedrooms
8Bathrooms
1898Year Built
About This Home

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 tuckpointing, new roof, hot 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.

MLS# 12647110Listed May 19, 2026Residential IncomeGreystone
Property Details

Beds & Baths

Total Bedrooms14
Total Bathrooms8
Total Rooms28

Size & Structure

Year Built1898
Lot Size3912

Location

CountyCook
TownshipHyde Park
Zip Code60615

Financial

List Price$755,000
Annual Taxes (2024)$9,477
Monthly Tax Est.$790
Parcel #20103110060000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

StoneConcrete
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Faces SideYes
HOA & Community

Community Features

Other
Schools
High School
Hyde Park Career Academy Senior
District: 299
Tax & Financial
Annual Taxes
$9,477
Tax Year 2024
Monthly Tax Est.
$790
per month
Property Location

5319 Indiana Avenue, Chicago, IL 60615 — Cook County

$755,000
5319 Indiana Avenue
14 bd8 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
13 days on market
3912
$9,477/yr taxes
$4,758
estimated monthly payment
Principal & Interest
$3,968/mo
Property Tax
$790/mo
$755,000
20% — $151,000
3%50%
6.875%
3%12%
Loan Amount
$604,000
Down Payment
$151,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
EXIT Strategy Realty
Agent: Darnisha Holliday
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