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32 Properties Within 0.5 miles of: 5319 S Indiana, Chicago

5319 S Indiana
Chicago, IL 60615

  • 14 Beds
  • Built In 1898
Price

$755,000

Est Payment
$4,552 / month (details)  
Taxes
$9,477  
Beds
14  
Rooms
28  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
3912  
Built
1898  
Neighborhood
Washington Park  
MLS
#12647110
Status
Active (2 days)

Property Description

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 newer HVAC systems, new roof, newer 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.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Parking Spaces, Garage Faces Side, Yes
Schools
Hyde Park Career Academy Senior (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-19-2026 Listed at $755,000
Last Modified 5/19/26 2:28 PM

Nearby Transportation

  • Bus 55 0.2 mi
  • Bus 3 0.2 mi
  • Bus 29 0.3 mi
  • Bus 15 0.3 mi
  • Bus 24 0.5 mi
  • Bus 59 0.6 mi
  • Bus 51 0.6 mi
  • Bus 4 0.7 mi
  • Bus 2 0.7 mi
  • Bus 47 0.8 mi
  • Bus 192 0.9 mi
  • Bus 43 1.0 mi
  • Bus 172 1.0 mi
  • Bus 171 1.0 mi
  • Bus 63 1.2 mi
  • Green Line 0.2 mi
  • Red Line 0.6 mi
  • ZipCar 0.2 mi
  • I 90 West 0.5 mi
  • I 94 West 0.5 mi
  • I 90 East 0.6 mi
  • I 94 East 0.6 mi
  • I 55 North 3.1 mi
  • I 55 South 3.2 mi
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