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    Washington Park Greystone Multifamily Property Title is generated by Realmo AI

    5319 S Indiana Avenue, Chicago, IL 60615

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    New
    For Sale
    $755,000

    MULTI_FAMILY - Other - Chicago, IL

    Added:
    May 19, 2026
    Days on Market:
    3
    Last Refresh:
    May 21 at 2:06 pm

    Property Features for 5319 S Indiana Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    14
    Bathrooms
    8
    Rooms
    Bedroom 7, Bedroom 12, Bedroom 4, Bathroom 8, Bedroom 13, Bedroom 14, Bedroom 9, Bathroom 1, Bathroom 6, Bathroom 2, Bedroom 5, Bathroom 7, Bedroom 1, Bedroom 11, Bedroom 10, Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 3, Bedroom 8, Bathroom 5, Bathroom 3, Basement
    Parking
    2
    Parking features
    Garage
    Basement
    Finished, Full
    Standard status
    Active
    APN
    20103110060000

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    9477

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1898
    Building materials
    Stone, Concrete
    Architectural style
    Other

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    Listing Contact
    Darnisha Holliday

    Listing agent Darnisha Holliday

    Listing office EXIT Strategy Realty 2935 N. Clark St., Chicago, IL

    Listing date May 19, 2026

    MLS# 12647110 Listing URL

    Copyright © 2026 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.

    HighLights

    • Rare, massive 4‑unit Greystone with 14 bedrooms and 8 bathrooms, offering significant size, flexibility, and income potential.
    • Located in a rapidly appreciating Washington Park location, near the University of Chicago, Lake Michigan, Hyde Park, and the Obama Presidential Center.
    • Strong rental income potential with three 4‑bedroom, 2‑bath units and one 2‑bedroom, 2‑bath garden unit.
    • Recently renovated (2021, 2023) with updated finishes, newer HVAC systems, new roof, newer water heaters, and updated mechanicals.
    • Flexible occupancy with 2 vacant units and 2 occupied units, suitable for owner‑occupants, multigenerational living, or investors.
    • Oversized gated backyard with potential for a future garage or parking pad.

    Overview

    This four-unit property in Washington Park features a total of 14 bedrooms and 8 bathrooms. The building includes three oversized 4-bedroom, 2-bath units and a 2-bedroom, 2-bath garden unit. The units offer spacious layouts, stainless steel appliances, primary bedroom suites with private baths, separate heating systems, and updated finishes. Select units include in-unit laundry room, with additional laundry hookups available. Renovations and improvements were completed in 2021 and 2023, including newer HVAC systems, a new roof, newer water heaters, and updated mechanicals. A new back porch is planned for 2026. The property is located 5 miles from downtown and 1.5 miles from the University of Chicago, with convenient biking distance to Lake Michigan, the beach, Hyde Park, and the Obama Presidential Center. It is situated in an area with ongoing growth and development, with new construction completed throughout the block and additional development underway next door. The oversized gated backyard offers room for entertaining and future garage or parking pad potential. Two units are occupied and two are vacant. Estimated market rents for the main units range from approximately $2,600-$3,000 per month, with the garden unit estimated between $1,700-$2,000 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.62044
    Latitude
    41.797769

    FAQs

    What type of property is this?
    Apartment building - Four-unit property near University of Chicago with income potential.
    Where is this apartment building located?
    The property is located at 5319 S Indiana Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $755,000.
    What are key features of this property?
    This property features: Rare, massive 4‑unit Greystone with **14 bedrooms and 8 bathrooms**, offering significant size, flexibility, and income potential.; Located in a rapidly appreciating Washington Park location, near the University of Chicago, Lake Michigan, Hyde Park, and the Obama Presidential Center.; Strong rental income potential with three 4‑bedroom, 2‑bath units and one 2‑bedroom, 2‑bath garden unit.
    More about this property
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