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$615,000
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Property Description
Incredible Investment Opportunity - Fully Updated 3-Flat with Immediate Cash Flow Potential! Welcome to this exceptional brick 3-flat, a rare find offering both modern updates and strong rental income potential. Two of the three spacious units are already leased to long-term tenants, making this a turnkey investment for the savvy buyer-or an owner-occupant looking to live in one unit while generating income from the others. Each of the three units offers a thoughtfully designed layout with 3 generously sized bedrooms and 2 full bathrooms, providing ample space for families or roommates. You'll find beautiful hardwood flooring throughout the main living areas, warm Berber carpeting in the bedrooms, and ceramic-tiled baths that give each unit a clean, modern feel. Kitchens are equipped with dishwashers, plenty of cabinetry, and room to dine in, while in-unit laundry rooms add tremendous convenience for tenants. Secured parking offers peace of mind and added value for residents. Located in a desirable neighborhood with easy access to schools, shopping, and transportation, this building checks all the boxes. Whether you're an experienced investor or a buyer, this property is a rare opportunity with immediate income and long-term upside. Don't miss your chance to own this income-generating gem-schedule your showing today!
Full Property Details
Full Property Details for 5905 S Indiana Ave
General
- Sold For: $615,000
- Taxes: $2,662 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12387689
- Added to Site: 222 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 9
Additional Information
- Equipment: Carbon Monoxide Detectors
Parking
- Total Spaces: 3
- Parking Features: Unassigned, On Site, Other
- Parking On-Site: Yes
Location
- Area: CHI - Washington Park
- County: Cook
- Driving Directions: 59TH TO PRAIRIE, S TO 60TH, W TO INDIANA TO PROPERTY.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Roof: Asphalt
- Year Built: 2009
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 33 x 130
- Zoning: MULTI
Financial Considerations
- Assessment Year: 2009
- Tax Amount: $2,662.34
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20153030030000
Listed by eXp Realty
Sold by Greensafe Real Estate & Consult
Get Pre-Approved Today
Schools
Schools serving 5905 S Indiana Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Dulles Elementary School 6311 South Calumet Avenue, Chicago, IL 60637 | K-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5905 S Indiana Ave
Date
Details
Price
Change
Source
9/16/2025
Sold
$615,000
-1.6%
MLS
7/25/2025
Price Reduced
$625,000
-4.58%
MLS
6/23/2025
Price Reduced
$655,000
-5.76%
MLS
6/08/2025
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5905 S Indiana Avenue, Chicago, IL 60637 (MLS# 12387689) is a Multi-Family property that was sold at $615,000 on September 16, 2025. Want to learn more about 5905 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.

