5134 S Indiana Avenue, Chicago, IL 60615 - Photo 1

1/1

$500,000

Sold
Closed
Multi-Family
11 Total Beds
2 Car Garage

1/1

Property Description

Located in the sought after Washington Park neighborhood, this multifamily investment property at 5134 S Indiana Avenue presents an excellent opportunity for investors seeking value and upside potential. The property is conveniently situated near the University of Chicago Hospital and in close proximity to the Obama Presidential Library, adding long-term appeal and neighborhood growth potential. The building features a total of 11 bedrooms and 3 bathrooms, offering generous living space across multiple units. The second and third units include private balconies, providing outdoor space and added tenant appeal. With solid bones and strong rental potential, this property is ideal for an investor willing to add a little TLC to maximize value. Whether for long-term rental income or repositioning, this is a great opportunity to invest in a growing area of Chicago. In addition, the property features a garden-level space with an extra bedroom and bath, presenting a value-add opportunity to renovate and potentially convert into a fourth unit. The Property is being sold AS-IS

Full Property Details

Full Property Details for 5134 S Indiana Ave

General

Sold For: $500,000
Taxes: $4,664 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12558337
Added to Site: 160 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3

Bedrooms

Total Bedrooms: 11

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: Yes, Garage Owned, Detached, Garage

Location

Area: CHI - Washington Park
County: Cook
Driving Directions: Head south on Indiana Ave from Garfield Blvd. Continue straight for about 1/2 mile. You'll pass 51st Street. 5134 S Indiana Ave will be on your right-hand side, just south of 51st Street

School Information

School District: 299
Midd School District: 299
Elementary School: Burke Elementary School
High School: Phillips Academy High School
Private School: Phillips Academy High School

Heating & Cooling

Heating Type: Natural Gas, Radiator(s)

Utilities

Water: Lake Michigan

Structural Information

Construction: Brick, Concrete
Exterior Const.: Brick, Concrete
Basement Desc.: Partially Finished, Partial
Year Built: 1898
Built Before 1978: Yes

Unit Information

Units in Building: 3

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 27.8 x 162.2

Financial Considerations

Assessment Year: 1898
Tax Amount: $4,664
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: Standard
Property ID: 20103020230000

Listed by Gee Exclusive Realty Group

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Meet the selling agent

— 5134 S Indiana Ave —

Kenya Las Kelly

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(708) 925-2492 mobile

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Schools

Schools serving 5134 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	0.4 mi
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653	12-11	1.6 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 5134 S Indiana Ave

Date

Details

Price

Change

Source

6/19/2026

Sold

$500,000

-9.09%

MLS

1/31/2026

Listed

$550,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5134 S Indiana Avenue, Chicago, IL 60615 (MLS# 12558337) is a Multi-Family property that was sold at $500,000 on June 19, 2026. Want to learn more about 5134 S Indiana Avenue? Do you have questions about finding other Multi-Family real estate for sale in Washington Park? You can browse all Washington Park real estate or contact a Coldwell Banker agent to request more information.

5134 S Indiana Ave Chicago, IL 60615