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Two-Unit Duplex Income Property
For Sale
$499,900
Pending

5901 South Indiana Avenue, Chicago, IL 60637

Well-configured two-unit duplex with 10 bedrooms and 4.5 bathrooms, offering multi-level flexibility for owner occupants or renters.

Property SizeContact for details
Days on Market88

Property Features for 5901 South Indiana Avenue

General Information

Standard status Pending
Property subtype Two to Four Units / 2 Flat

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,485

Building Details

Year Built 1883
Tenancy Multi
Listing Agency: A.R.E. Partners Inc.
Listed By: Moalike Bennett · License #475169962
Source: Compass
Added: May 30 Changed: Aug 23 Last Checked: Jul 24 at 4:29PM

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 A.R.E. Partners Inc.

Investment Insights

Based on property information with market context.

This two-unit duplex property is designed for comfortable, single-family-style living within each residence. The building features a total of 10 bedrooms and 4.5 bathrooms, with two expansive multi-level layouts. The first-floor residence duplexes down to a lower level, while the second-floor residence duplexes up, creating flexible floorplans that can support a variety of living arrangements.

Located in Chicago’s Washington Park area, the property is described as being in the heart of the historic neighborhood and is positioned just minutes from the University of Chicago and the Obama Presidential Center. This proximity places day-to-day access within reach of major education, culture, dining, and local amenities.

The layout lends itself to practical living and leasing options. An owner-occupant can choose to live in one unit while renting the other, and the multi-level configuration may also suit multi-generational households. For buyers evaluating it as a rental property, the building’s two separate duplex-style units provide clear separation and room for tenant-specific needs within each residence.

Key Highlights

  • Two‑unit duplex in Chicago’s Washington Park neighborhood
  • Built in 1883
  • Total of 10 bedrooms and 4.5 bathrooms across both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Building Supply (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

789
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?
Duplex - Well-configured two-unit duplex with 10 bedrooms and 4.5 bathrooms, offering multi-level flexibility for owner occupants or renters.
Where is this duplex located?
The property is located at 5901 South Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑unit duplex in Chicago’s Washington Park neighborhood; Built in 1883; Total of 10 bedrooms and 4.5 bathrooms across both units
More about this property
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