Chicago, IL 60615,5407 S Indiana AVE
Chicago, IL 60615,5407 S Indiana AVE
Chicago, IL 60615,5407 S Indiana AVE
17
$740,000
$799,000
7.4%
Est.Price: ?

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5407 S Indiana AVE Chicago, IL 60615

Est. payment /mo
SOLD DATE : 03/04/2025

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Key Details

Sold Price $740,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12177857

Sold Date 03/04/25

Maintenance Fees $2,350

Year Built 1903

Annual Tax Amount $9,509

Tax Year 2023

Lot Dimensions 50' X 163'

Property Sub-Type Multi Family 5+

Property Description

Beautiful six (6) unit apartment building in Chicago's highly coveted Washington Park neighborhood. Situated on a one way, tree-lined street, the building lies just blocks away from George Washington Park and University of Chicago's campus. 5407 S. Indiana has an incredibly desirable unit mix comprised of four (4) 3Bd/1.5Ba and two (2) 4Bd/1.5Ba units. All of which feature spacious layouts with hardwood floors throughout, individual furnaces, and updated kitchens & baths. Furthermore, the building allows for the potential addition of two (2) garden units. Currently, the garden units are non-conforming and in need of renovation, however, one of the two has already been studded and framed out. Recent improvements to building include, but are not limited to, new porches (2020), new windows, copper plumbing, newer roof, and significant masonry/tuckpointing work. This property presents tremendous value can also be added by finishing out the 7th and 8th units, which would not only increase a new owners NOI, but increase the value of the property

Location

State IL

County Cook

Area Chi - Washington Park

Interior

Fireplace N

Building

Level or Stories 3

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Midwest Real Estate Data (MRED) IDX
Listed by Calin Paunescu • Taty Management LLC
Bought with Phillip Dixon • Compass
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