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$1,295,000 Just Listed
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Property Description
Exceptional Gut Renovated Legal 5-Unit Greystone in booming Bronzeville. Fully occupied w/ annual gross income of $115,200 and NOI of over $96k. Building was completely rebuilt to the studs in 2020 under full architectural plans and permits, with City of Chicago Inspections. Features a premium unit mix of three 2BR/2BA units and two 1BR/1BA units. Thoughtfully designed with open layouts and upgraded finishes throughout. All with in unit laundry and individual mechanicals. Fully secured building with gated entry and security system. This renovation pairs the old-world character, aesthetic and craftsmanship of a classic Chicago Greystone solid brick building, with the infrastructure, systems and finishes of modern construction. A fully rebuilt, stabilized boutique multifamily in a highly sought after neighborhood, perfect turnkey investment opportunity. Offering Memorandum available by request.
Full Property Details
Full Property Details for 5021 S Indiana Ave
General
- Price: $1,295,000
- Taxes: $10,461 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12790264
- Updated: 10/29/2026
- Added to Site: 4 day(s) ago
Interior
- Basement: Finished, E
Additional Information
- Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: 51st street go north on Indiana Ave, to 5021 on the right hand side of the street.
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas, Individual Furnaces
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Exterior Entry
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 2020
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 5
Lot Features
- Lot Dimensions: 25 x 162
- Frontage: City Street, Public Road, Other, Alley Access, Paved
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $4,487
- Operating Expenses: $18,448
- Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 2020
- Tax Amount: $10,461
- Tax Year: 2025
- Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water, All Utilities
- Pays Electric: 540
Disclosures and Reports
- Property ID: 20101210350000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 5021 S Indiana Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burke Elementary School 5356 South King Drive, Chicago, IL 60615 | PK-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5021 S Indiana Ave
Date
Details
Price
Change
Source
10/28/2026
Listed
$1,295,000
581.58%
MLS
12/10/2019
Sold
$190,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5021 S Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,697
—
$50,194
126%
2023
$4,697
3%
$22,188
—
2022
$4,578
2%
$22,188
—
2021
$4,475
-25%
$22,188
-17%
2020
$5,931
-2%
$26,622
-12%
2019
$6,078
2%
$30,253
—
2018
$5,976
6%
$30,253
16%
2017
$5,623
7%
$26,120
—
2016
$5,232
9%
$26,120
—
2015
$4,786
39%
$26,120
41%
2014
$3,449
2%
$18,588
—
2013
$3,381
1%
$18,588
—
2012
$3,336
—
$18,588
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5021 S Indiana Ave
5021 S Indiana Avenue, Chicago, IL 60615 (MLS# 12790264) is a Commercial property. 5021 S Indiana Avenue is currently listed for $1,295,000 and was received on October 28, 2026. Want to learn more about 5021 S Indiana Avenue? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.

