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    5943 S Indiana Ave Chicago, IL 60637

    For Sale
    $689,900

    Residential Income - Chicago, IL

    Lot size:
    0.09 Acres
    Days on Market:
    60
    Last Refresh:
    Dec 12 at 1:06 am

    Property Features for 5943 S Indiana Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    11
    APN
    20153030210000
    Parking
    2
    Exterior features
    Fencing
    Fencing
    Fenced
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1900
    Roof type
    Slate
    Architectural style
    Other

    Keller Williams Premiere Properties (630) 545-9860 [email protected]

    Listing agent John Wright (630) 545-9860 License #475131980

    Listing date Oct 14, 2025

    MLS# 12491763 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greystone 3-Flat in Washington Park

    This timeless Greystone 3-flat building is located in Chicago's Washington Park neighborhood. The property offers the flexibility of owner occupancy in the top floor unit while collecting rent from the first and second floor tenants, or renting out the top floor unit to maximize income. Each unit features hardwood floors throughout. The first-floor unit is a duplex down, with ceramic tile flooring in the basement and a separate emergency exit. The property includes a fenced backyard and a detached two-car garage. Over the last few years, the owner has updated each unit and installed a new $60,000 rear exterior staircase and decking. The property is located approximately half a mile from Washington Park, one mile from the University of Chicago, U of C Medical Center, Hyde Park, and the Obama Presidential Library, and a quarter mile from the Dan Ryan Expressway and the Garfield Green Line Station. The lot size is 0.09 acres. Please note that the building has City of Chicago code violations, and the buyer will be responsible for remedying these violations after closing. The property is being sold as-is.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6201663
    Latitude
    41.7861228

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    FAQs

    What type of property is this?
    Apartment building - Residential income property in Chicago's Washington Park neighborhood.
    Where is this apartment building located?
    The property is located at 5943 S Indiana Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $689,900.
    What are key features of this property?
    This property features: - Located in the desirable Washington Park neighborhood, near Washington Park, University of Chicago, U of C Medical Center, Hyde Park, and the Obama Presidential Library.; - Multi-unit building (3 flats) offers flexibility to live in one unit and rent out the others for income.; - Recent updates include a new $60K rear exterior staircase and decking.
    (630) 545-9860
    Request Owner's contact information
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    Chicago, IL 60637
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5943 S Indiana Ave Chicago, IL 60637
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