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Eight-Unit Apartment Building
For Sale
Contact for pricing
Pending

5526 S Indiana Ave, Chicago, IL 60637

Condo-finished residences include private storage, in-unit laundry, rear parking, and individual furnaces.

Property SizeContact for details
Days on Market142

Property Features for 5526 S Indiana Ave

General Information

Standard status Pending
Total Parking Spaces 8
Property subtype Multifamily

Financials

Cap Rate 8.47%
Opportunity Zone Yes

Units

Multifamily Units 8
Parking per Unit 1

Additional Details

Public Transit Yes

Amenities

in-unit washer and dryer
private storage
digital anti-theft door-lock system
CCTV security cameras

Building Details

Buildings 1
Construction red-brick and limestone
Listing Agency: Youmu Ventures
Listed By: Tony Liu · License #IL 471.021591.
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:43PM

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 Youmu Ventures

Investment Insights

Based on property information with market context.

This eight-unit apartment property at 5526 S Indiana Ave in Chicago includes alternating two- and three-bedroom layouts finished to condominium standards. Each residence has its own furnace, in-unit washer and dryer, designated rear parking space, and private storage. Building improvements include a digital anti-theft entry system and CCTV cameras.

The property is 0.2 miles from a CTA Green Line station and a two-minute walk from bus service. Washington Park is two blocks away, while the University of Chicago is located along the park’s opposite edge. Restaurants, a Jewel-Osco, clinics, and fast-food locations are within a five-minute drive. The property is also situated in an Opportunity Zone and is reported at a 10.06% cash-on-cash return and an 8.47% cap rate.

Key Highlights

  • Eight‑unit building with alternating two- and three‑bedroom apartments
  • 10.06% cash‑on‑cash return and 8.47% cap rate
  • 0.2 miles from a CTA Green Line station and a two‑minute walk to bus service

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Plumbing Service Computer & Electronic Repair

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

912
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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Condo-finished residences include private storage, in-unit laundry, rear parking, and individual furnaces.
Where is this apartment building located?
The property is located at 5526 S Indiana Ave Chicago, IL.
What are key features of this property?
This property features: Eight‑unit building with alternating two- and three‑bedroom apartments; 10.06% cash‑on‑cash return and 8.47% cap rate; 0.2 miles from a CTA Green Line station and a two‑minute walk to bus service
(312) 888-5486 Call to check price and availability
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