Renovated 5-Unit Greystone Apartment
New
For Sale
$1,295,000
5021 S Indiana Avenue, Chicago, IL 60615
The unit mix combines two-bedroom apartments with one-bedroom layouts, each equipped with in-unit laundry and individual mechanicals.
Property SizeContact for details
Days on Market3
Property Features for 5021 S Indiana Avenue
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Site & Location
Neighborhood
Near South Side
Units
Unit Mix
3 x 2BR/2BA, 2 x 1BR/1BA
Multifamily Units
5
Additional Details
Gross Income
$115,200
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,461
Amenities
in-unit laundry
gated entry
security system
Central air
Central Air Cooling
Central Individual Cooling
Building Details
Year Built
2020
Year Renovated
2020
Construction
Greystone
Listing Agency:
@PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
(773) 432-0200
Listed By:
NICK HIRA
(773) 960-8674
Source:
Corcoran
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:18PM
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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
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Investment Insights
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This five-unit Chicago Greystone apartment building was rebuilt in 2020 under architectural plans and permits, with City of Chicago inspections. The unit mix consists of three two-bedroom, two-bathroom apartments and two one-bedroom, one-bathroom apartments. Open layouts, upgraded finishes, in-unit laundry, and individual mechanical systems serve each residence. The solid-brick exterior retains the character of a classic Greystone, while the building’s systems and interiors reflect the 2020 reconstruction.
Entry is gated, and a security system is installed. The property is located at 5021 S Indiana Avenue in Chicago’s Bronzeville neighborhood.
Entry is gated, and a security system is installed. The property is located at 5021 S Indiana Avenue in Chicago’s Bronzeville neighborhood.
Key Highlights
- Five residential units: three 2BR/2BA and two 1BR/1BA apartments
- Rebuilt in 2020 with architectural plans and permits; inspected by the City of Chicago
- In‑unit laundry and individual mechanicals in each apartment
Property Analytics
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Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,319
Businesses Nearby
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Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix combines two-bedroom apartments with one-bedroom layouts, each equipped with in-unit laundry and individual mechanicals.
Where is this apartment building located?
The property is located at 5021 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Five residential units: three 2BR/2BA and two 1BR/1BA apartments; Rebuilt in 2020 with architectural plans and permits; inspected by the City of Chicago; In‑unit laundry and individual mechanicals in each apartment
