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5947-5959 S Indiana Ave
Chicago, IL 60637 Washington Park

$2,480,000 USD

Apartments For Sale  •  25,095 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,095 SF
  • Lot Size 0.49 AC
  • Building Class C
  • Year Built 1913
  • Zoning RM-5
72 Transit Score
60 Walk Score

Highlights

Value-Add Opportunity: Rent increases projected to raise returns from 9.73% to 23.87% in 18 months.
High Return Potential: Strategic rent adjustments could nearly triple cash-on-cash returns to 23.87% within 18 months.

Amenities

  • Heating
  • Kitchen
  • Range

Public Transportation

Commuter RailDriveWalkDistance
63Rd Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra), South Shore Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.0 mi
59Th Street (University Of Chicago) Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 2.0 mi
Transit/SubwayDriveWalkDistance
King Drive Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 13 min 0.6 mi
Garfield Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 14 min 0.8 mi
63Rd Street Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 7 min 18 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 15 min - 7.5 mi
Chicago O'Hare International 38 min - 24.6 mi
Tony Hardy Midwest Investment Advisors
Tony Hardy Midwest Investment Advisors