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Multifamily Apartment Building
For Sale
$965,000

5700 South Indiana Avenue, Chicago, IL 60637

Apartment building offered for sale in Chicago, IL.

Property SizeContact for details
Days on Market572

Property Features for 5700 South Indiana Avenue

General Information

Standard status Active
Property subtype Multi Family 5+ / Corridor-Exterior Entrance
Net Operating Income $72,000

Taxes and HOA fees

Annual Taxes $5,080

Building Details

Year Built 1908
Stories 3
Listing Agency: RT3 Realty & Managment LLC
Listed By: Rhonda Covington-Jenkins · License #471022349
Source: Compass
Added: Jan 15, 2025 Changed: Aug 8 Last Checked: Jul 22 at 10:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RT3 Realty & Managment LLC

Investment Insights

Based on property information with market context.

This multifamily apartment building is offered for sale.

The property is located at 5700 South Indiana Avenue in Chicago, Illinois 60637.

Use this asset as a residential income property under its existing apartment building configuration.

Key Highlights

  • Apartment building built in 1908
  • Apartment building for sale in Chicago, IL

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building offered for sale in Chicago, IL.
Where is this apartment building located?
The property is located at 5700 South Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $965,000.
What are key features of this property?
This property features: Apartment building built in 1908; Apartment building for sale in Chicago, IL
More about this property
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