Listing provided courtesy of Gee Exclusive Realty GroupMREDas Distributed by MLSGrid- MLS# 12686211MLS Provider

5809 S Indiana AvenueChicago, IL 60637

Multi-Family · 9 Beds
$965,000 Active

5809 S Indiana Avenue Overview

Time on Site:
19 hours
Visits:
0

SIGNIFICANT PRICE IMPROVEMENT + SELLER INTEREST RATE BUYDOWN AVAILABLE! Luxury New Construction Triplex in Washington Park | Premier Investment & Owner-Occupant Opportunity Ask About the Seller Interest Rate Buydown! Qualified buyers may be able to reduce their monthly mortgage note through a seller-paid interest rate buydown. Contact the listing agent for details, qualifications, and lender requirements. A significant price improvement makes this luxury new-construction triplex an exceptional opportunity in one of Chicago's fastest-growing neighborhoods. Combining modern design, upscale finishes, and strong income potential, this property offers outstanding value for both investors and owner-occupants. This is the kind of property that immediately captures the attention of serious investors and savvy owner-occupants alike. Welcome to elevated living in the heart of Bronzeville/Washington Park-where modern design meets exceptional income potential in one of Chicago's most exciting growth corridors. This meticulously crafted 3-unit residence is designed to stand out. Each expansive unit offers 3 oversized bedrooms and 3 full bathrooms, including 2 true primary suites with private en-suite baths-a rare and highly desirable layout that drives strong rental demand. Every bedroom features a walk-in closet, and the generous floor plans comfortably accommodate king-sized beds along with full living and dining setups. Step inside to discover bright, open-concept interiors filled with natural light and elevated by modern finishes throughout. Each unit showcases a chef-inspired kitchen complete with sleek quartz countertops, a statement waterfall island, custom white shaker cabinetry, and designer lighting-creating a seamless blend of luxury and functionality. In-unit washer and dryer add everyday convenience, while thoughtfully designed layouts make each residence equally suited for entertaining or comfortable living. The primary suites offer a private retreat experience, featuring spacious layouts, large walk-in closets, and spa-inspired bathrooms with upscale finishes rarely found in comparable properties. Built for efficiency and long-term value, the property includes separate mechanical systems, high-efficiency furnaces, tankless water heaters, and dedicated electrical panels for each unit. Private outdoor spaces and three exterior parking spaces further enhance the property's appeal. Unit 2 is currently leased. Units 1 and 3 are available, providing flexibility for investors and owner-occupants alike. Move into one unit and rent the others, or lease all available units to maximize income potential. Ask about available leasing assistance for the vacant units. Ideally located just minutes from the University of Chicago, major hospitals, parks, grocery stores, and public transportation, this property offers exceptional convenience paired with strong neighborhood growth potential. With a significant price improvement, seller financing incentives available, and one unit already generating income, this is a rare opportunity to acquire a luxury new-construction multifamily property in Washington Park. Schedule your private showing today.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

5809 S Indiana Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: Yes
  • Year Built: 2026

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Washington Park
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20151220020000
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 9
  • Bedrooms Total: 9
  • Bedrooms Possible: 9
  • Full Baths Building: 9

General Information

  • Basement: None
  • Heating: Natural Gas
  • Rooms Total: 6

Exterior

Parking Information

  • Parking Features: Yes
  • Parking Total: 2

Lot Information

  • Lot Size Dimensions: 182X25
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 3

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 3

5809 S Indiana Avenue Neighborhood

Community

60637 (CHICAGO) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5809 S Indiana Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5809 S Indiana Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

5809 S Indiana Avenue History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026