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 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 provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.
Property Details
Price:
$849,000
MLS #:
MRD12601233
Status:
Active
Beds:
3
Baths:
1
Type:
Commercial
Neighborhood:
chiwashingtonpark
Listed Date:
Mar 25, 2026
Total Sq Ft:
14,841
Year Built:
1892
See this Listing
Schools
Interior
Exterior
Construction Materials
Brick, Stone
Stories
3
Financial
Maintenance Fee
$3,487
Tax Year
2024
Taxes
$14,677
Map
Community
- Address5410 S Indiana Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60615
Market Summary
Current real estate data for Commercial in Chicago as of Jun 14, 2026
924
Commercial Listed
185
Avg DOM
$993,435
Avg List Price
Property Summary
- 5410 S Indiana Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60615. It is listed for $849,000
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Copyright 2026. All rights reserved.
5410 S Indiana Avenue
Chicago, IL


