


5410 S Indiana AvenueChicago, IL 60615
Commercial · 3 Beds · 14,841 Sq. ft.5410 S Indiana Avenue Overview
- Time on Site:
- 97 days
- Visits:
- 18
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.
5410 S Indiana Avenue Facts & Features
- Type Commercial
- Sq. ft. 14,841
- Price/Sq.ft. $57
Details
General
Income/Expenses
- Other Expense: 2797
- Electric Expense: 714
- Fuel Expense: 6170
- Gross Income: 123036
- Gross Scheduled Income: 123036
- Insurance Expense: 0
- Maintenance Expense: 3487
- Net Operating Income: 101988
- Operating Expense: 11969
- Trash Expense: 1345
- Water Sewer Expense: 3739
Building Information
- Year Built: 1892
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - Washington Park
Rent/Lease Information
- Tenant Pays: Electricity
Tax Information
- Tax Annual Amount: $14,676.65
- Tax Year: 2024
General Information
- Parcel Number: 20103100490000
- Property Type: Commercial Sale
- Zoning: MULTI
Interior
Building Interior
- Building Area Total: 14841
General Information
- Electric: Circuit Breakers, Separate Meters
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 50X161
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick, Stone
General Information
- Number Of Units Total: 6
- Utilities: Sewer Connected
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 3
- Baths Total: 1
- Units Total: 6
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 0
- Units Total: 0
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 0
- Units Total: 0
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 0
- Units Total: 0
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 0
- Units Total: 0
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 0
- Units Total: 0
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
5410 S Indiana Avenue Neighborhood
Community
60615 (CHICAGO) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5410 S Indiana Avenue Monthly Cost
5410 S Indiana Avenue Market Data
Based on the last 30 days in this zip code
5410 S Indiana Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/4/2026Source: MRED | Active |
Paul Frischer Listing Agent |
| 4/29/2026Source: MRED | Re-activated |
Paul Frischer Listing Agent |
| 4/15/2026Source: MRED | Contingent |
Paul Frischer Listing Agent |
| 3/30/2026Source: MRED | Active |
Paul Frischer Listing Agent |
| 3/25/2026Source: MRED | March 25, 2026 |
Paul Frischer Listing Agent |


















