5127 South Indiana, Chicago IL 60615
$1,495,000

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Property Description

This exceptional 4-unit building can generate over $144,000 in rental income! Spanning 8,000 sq. ft., this newly gut-rehabbed property offers modern luxury in every unit. Each space is designed with custom cabinets, stainless steel appliances, huge bedrooms, and all units feature master suites. Built with all proper permits, this building showcases quality craftsmanship and thoughtful finishes throughout. Located in the sought-after Washington Park area of Chicago, with easy access to public transit, dining, and shopping. A rare investment opportunity for a turnkey property in a prime location-don't miss out! Seller is IL Lic. Agent

Features & Information

Key Details

  • List Price $1,495,000
  • Property Taxes $7,634
  • Price/ Sq. Ft. Unavailable
  • Year Built 1898
  • Parking Type Space/s
  • Status Active

Rooms

  • Total Rooms 24
  • Basement N

Exterior Features

  • Parking

  • Parking Details Space/s
  • # of Cars:  4

Building Information

  • Number of Units 4
  • Age of Building 100+ Years
  • Exterior Construction Brick
  • Heating & Cooling Gas, Electric
  • Units

  • Unit 1 Stove, Refrigerator, Washer, Dryer
  • Unit 2 Stove, Refrigerator, Washer, Dryer
  • Unit 3 Stove, Refrigerator, Washer, Dryer
  • Unit 4 Stove, Refrigerator, Washer, Dryer

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property 51st Street East Or West To Indiana South To Address
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 7634
  • Tax Year 2022
  • Parcel Identification Number 20103040070000

Utilities

  • Sewer Sewer-Publ

Listed by Seviiri Bunjo for Chicagoland Brokers, Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/23/2024 7:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Washington Park

For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.

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