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$849,000

Nestled in the heart of Chicago's rapidly growing Washington Park neighborhood, this fully occupied, six-unit building offers a blend of stable cash flow and exceptional future potential. Located near the University of Chicago and the expansive Washington Park, this property is positioned to benefit from the area's ongoing development, including the future Obama Presidential Center. With property values steadily rising, this investment represents a rare opportunity for savvy investors. Boasting a classic stone facade and a grand marble entryway, this well-maintained building exudes timeless charm. Each of the six spacious 3-bedroom, 1-bath units spans 1,800 square feet, featuring high ceilings, formal dining rooms, real pantries, private back decks, and beautiful bay windows that flood the interiors with natural light. Hardwood floors and well-kept common areas add to the appeal, ensuring tenant satisfaction and full occupancy. Additionally, the building generates extra income through coin-operated laundry facilities and offers gated parking with a two-car brick garage. With a solid history of long-term tenants, this property is a proven income generator. For investors looking to maximize returns, there is untapped potential in the lower level, where a 7th and possibly 8th unit could be developed, both areas have ingress and egress access. Updates include a 2011 boiler to enhance the property's efficiency. The seller is open to discussing owner financing terms provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.

12601233 MLS ⋅ CONTINGENT Status

Nestled in the heart of Chicago's rapidly growing Washington Park neighborhood, this fully occupied, six-unit building offers a blend of stable cash flow and exceptional future potential. Located near the University of Chicago and the expansive Washington Park, this property is positioned to benefit from the area's ongoing development, including the future Obama Presidential Center. With property values steadily rising, this investment represents a rare opportunity for savvy investors. Boasting a classic stone facade and a grand marble entryway, this well-maintained building exudes timeless charm. Each of the six spacious 3-bedroom, 1-bath units spans 1,800 square feet, featuring high ceilings, formal dining rooms, real pantries, private back decks, and beautiful bay windows that flood the interiors with natural light. Hardwood floors and well-kept common areas add to the appeal, ensuring tenant satisfaction and full occupancy. Additionally, the building generates extra income through coin-operated laundry facilities and offers gated parking with a two-car brick garage. With a solid history of long-term tenants, this property is a proven income generator. For investors looking to maximize returns, there is untapped potential in the lower level, where a 7th and possibly 8th unit could be developed, both areas have ingress and egress access. Updates include a 2011 boiler to enhance the property's efficiency. The seller is open to discussing owner financing terms provided the seller is in first position with collateral, thereby expanding this armchair investment opportunity to the widest pool of entrepreneurs. This is your chance to make this Washington Park money maker work for you.

5410 S Indiana Avenue, Chicago

$825,000

12732315 MLS ⋅ CONTINGENT Status

Chicago

$550,000

Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

12 Beds ⋅ 8 Baths ⋅ 12594302 MLS ⋅ CONTINGENT Status

Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

5930 S King Drive, Chicago

$435,250

MULTIPLE OFFERS - Highest and Best offers are due by 1pm 7/21/26. Excellent cash flow opportunity for homebuyers and investors looking for an affordable 4 unit multifamily building located in the Washington Park neighborhood. Three of the apartments have 3 spacious bedrooms, large living rooms and family rooms. The tenants pay for their electric and gas. Located close to the University of Chicago campus, Washington Park, Jackson Park, the Obama Presidential Center, and Lake Michigan. This property is being sold as-is and where-is.

10 Beds ⋅ 4 Baths ⋅ 12705602 MLS ⋅ PENDING Status

MULTIPLE OFFERS - Highest and Best offers are due by 1pm 7/21/26. Excellent cash flow opportunity for homebuyers and investors looking for an affordable 4 unit multifamily building located in the Washington Park neighborhood. Three of the apartments have 3 spacious bedrooms, large living rooms and family rooms. The tenants pay for their electric and gas. Located close to the University of Chicago campus, Washington Park, Jackson Park, the Obama Presidential Center, and Lake Michigan. This property is being sold as-is and where-is.

5920 S Calumet Avenue, Chicago

$429,900

End-unit townhome facing Washington Park, with a private rooftop deck looking straight at the Chicago skyline. Start at the top. The roof deck runs the full width of the home - room for a full seating group, a dining table, loungers, and a grill, with the downtown skyline framed between the parapets and Washington Park's tree canopy on the other side. It's the kind of outdoor space that costs six figures to add and this one is already built. Inside, the main level is one open 500-square-foot room. The kitchen has flat-panel woodgrain cabinetry, quartz counters, a glossy tile backsplash, stainless appliances, and an island seating two under glass pendants. It opens to a dining area beneath a wall of park-facing windows, a coffee bar nook, and a living room built around a fireplace with a marble-tile surround - 17'11" x 18'9", big enough for a sectional and then some. Four bedrooms across two upper floors. The top-floor primary has its own bath with dual vanities, a corner jetted tub, and a separate glass walk-in shower in floor-to-ceiling stone. Second-floor laundry with built-in cabinetry. One bedroom is currently set up as a home gym with a **cedar sauna**. Two furnaces and two condensers mean zoned comfort on every floor. Refinished oak hardwood, recessed lighting, and crown molding throughout. Attached 2-car garage and an additional outdoor parking space - totaling 3 parking spots. Fenced front lawn. **No HOA - no monthly assessment, no board, no rental restrictions.** Sold as-is. Green Line, Washington Park, and the U of C corridor all walkable.

4 Beds ⋅ 3 Baths ⋅ 12719665 MLS ⋅ PENDING Status

End-unit townhome facing Washington Park, with a private rooftop deck looking straight at the Chicago skyline. Start at the top. The roof deck runs the full width of the home - room for a full seating group, a dining table, loungers, and a grill, with the downtown skyline framed between the parapets and Washington Park's tree canopy on the other side. It's the kind of outdoor space that costs six figures to add and this one is already built. Inside, the main level is one open 500-square-foot room. The kitchen has flat-panel woodgrain cabinetry, quartz counters, a glossy tile backsplash, stainless appliances, and an island seating two under glass pendants. It opens to a dining area beneath a wall of park-facing windows, a coffee bar nook, and a living room built around a fireplace with a marble-tile surround - 17'11" x 18'9", big enough for a sectional and then some. Four bedrooms across two upper floors. The top-floor primary has its own bath with dual vanities, a corner jetted tub, and a separate glass walk-in shower in floor-to-ceiling stone. Second-floor laundry with built-in cabinetry. One bedroom is currently set up as a home gym with a **cedar sauna**. Two furnaces and two condensers mean zoned comfort on every floor. Refinished oak hardwood, recessed lighting, and crown molding throughout. Attached 2-car garage and an additional outdoor parking space - totaling 3 parking spots. Fenced front lawn. **No HOA - no monthly assessment, no board, no rental restrictions.** Sold as-is. Green Line, Washington Park, and the U of C corridor all walkable.

5210 S King Drive Unit #A, Chicago

$299,999

Ask your broker about terrific grants available! The property is eligible for up to $15,000 in assistance and a home warranty. Welcome to this well-maintained two-unit brick building offering expansive layouts, soaring ceilings, and three spacious bedrooms with one full bathroom in each unit. The upper unit benefits from an oversized layout, with particularly generous bedroom sizes created by the extended stairwell, while both units offer excellent functionality and comfort. The lower unit has previously operated as a successful short-term rental, generating approximately $24,000 annually while being utilized only half of the year. Recent improvements by the current owners include the addition of in-unit laundry in both residences and a fully cleared basement, providing a strong foundation for a potential future garden unit. Both units feature re-stained hardwood floors, with kitchens and bathrooms in superb condition and move-in ready. The property is well suited for an owner-occupant seeking rental income or as a full investment opportunity. The area is poised for continued appreciation, supported by significant nearby development, including multi-billion-dollar investments such as the Obama Presidential Library in adjacent Woodlawn.

6 Beds ⋅ 2 Baths ⋅ 12680948 MLS ⋅ CONTINGENT Status

Ask your broker about terrific grants available! The property is eligible for up to $15,000 in assistance and a home warranty. Welcome to this well-maintained two-unit brick building offering expansive layouts, soaring ceilings, and three spacious bedrooms with one full bathroom in each unit. The upper unit benefits from an oversized layout, with particularly generous bedroom sizes created by the extended stairwell, while both units offer excellent functionality and comfort. The lower unit has previously operated as a successful short-term rental, generating approximately $24,000 annually while being utilized only half of the year. Recent improvements by the current owners include the addition of in-unit laundry in both residences and a fully cleared basement, providing a strong foundation for a potential future garden unit. Both units feature re-stained hardwood floors, with kitchens and bathrooms in superb condition and move-in ready. The property is well suited for an owner-occupant seeking rental income or as a full investment opportunity. The area is poised for continued appreciation, supported by significant nearby development, including multi-billion-dollar investments such as the Obama Presidential Library in adjacent Woodlawn.

5632 S Wabash Avenue, Chicago

$290,000

Attention developers, investors, and owner-occupants with a vision! Discover the potential of 5716 S Indiana Ave, a prime opportunity in Chicago's thriving real estate market. This RM-5 zoned property is a blank canvas, ready for a complete rehab. Whether you are looking to design a luxurious 3-level mansion, create a single family home with an income-generating garden unit, or convert the property into 3 separate units, the possibilities are endless! The basement already features plumbing and egress, making the addition of a 3rd unit straightforward. With the versatility of RM-5 zoning, this property is a rare find for those ready to transform potential into profit. Situated in a desirable location with access to the Garfield Green Line station, easy access to highways, close to Washington Park, Jackson Park, library, Hyde Park, and 10 minutes from the future site of the Obama Library, and so much more. This is your chance to make an impact! Bring your renovation financing or your developer's dream team and unlock the endless potential of this diamond in the rough! Schedule your showing today and let your imagination run wild! Room sizes and measurements are estimated.

3 Beds ⋅ 4 Baths ⋅ 12263122 MLS ⋅ CONTINGENT Status

Attention developers, investors, and owner-occupants with a vision! Discover the potential of 5716 S Indiana Ave, a prime opportunity in Chicago's thriving real estate market. This RM-5 zoned property is a blank canvas, ready for a complete rehab. Whether you are looking to design a luxurious 3-level mansion, create a single family home with an income-generating garden unit, or convert the property into 3 separate units, the possibilities are endless! The basement already features plumbing and egress, making the addition of a 3rd unit straightforward. With the versatility of RM-5 zoning, this property is a rare find for those ready to transform potential into profit. Situated in a desirable location with access to the Garfield Green Line station, easy access to highways, close to Washington Park, Jackson Park, library, Hyde Park, and 10 minutes from the future site of the Obama Library, and so much more. This is your chance to make an impact! Bring your renovation financing or your developer's dream team and unlock the endless potential of this diamond in the rough! Schedule your showing today and let your imagination run wild! Room sizes and measurements are estimated.

5716 S Indiana Avenue, Chicago

$139,900

Sunny, spacious and centrally located in the popular Washington Park community, this 2 bedroom condo offers hardwood flooring, formal dining, in-unit laundry, stainless steel appliances, private gated parking in rear and storage space in the basement. Quiet area on tree-lined street with easy access to expressway, red line and commuter bus. Just moments from Bronzeville, Hyde Park, University of Chicago, the Obama Center and Washington Park. Just add your personal touch to make it home. This unit is also investor-friendly and priced to sell.

2 Beds ⋅ 1 Baths ⋅ 12670407 MLS ⋅ CONTINGENT Status

Sunny, spacious and centrally located in the popular Washington Park community, this 2 bedroom condo offers hardwood flooring, formal dining, in-unit laundry, stainless steel appliances, private gated parking in rear and storage space in the basement. Quiet area on tree-lined street with easy access to expressway, red line and commuter bus. Just moments from Bronzeville, Hyde Park, University of Chicago, the Obama Center and Washington Park. Just add your personal touch to make it home. This unit is also investor-friendly and priced to sell.

5321 S Michigan Avenue Unit #3, Chicago

$129,900

WELCOME TO THIS BEAUTIFUL SUN BATHED 1ST FLOOR CONDO THAT FEATURES 3 GOOD SIZED BEDROOMS((IT ALSO HAS OFFICE ROOM) AND 3 FULL BATHS. THE CONDO HAS BEEN UPDATED IN 2023 - RE-SANDING OF THE HARDWOOD FLOORING / UPDATED STYLISH BATHROOMS WITH CERAMIC ACCENTS AND VANITIES. UPDATED KITCHEN WITH GRANITE COUNTER TOP/MATCHING STAINLESS STEEL APPLIANCES AND CERAMIC FLOORING. THE ENTIRE UNIT WAS PROFESSIONALLY PAINTED. THE CONDO ALSO FEATURES CENTRAL A/C AND RADIANT HEATING. NOTHING TO DO, THE UNIT IS IN MOVE IN CONDITIONS. WASHINGTON PARK IS ACROSS THE STREET . IT IS ALSO CLOSE TO THE MUSEUM OF SCIENCE AND INDUSTRY AND LAKE MICHIGAN. CALL YOUR AGENT TO SCHEDULE A SHOWING. THIS A TRUE BEAUTY NOTE: THE UNIT IS SELLING CASH ONLY AS IS CONDITIONS.

3 Beds ⋅ 3 Baths ⋅ 12741337 MLS ⋅ PENDING Status

WELCOME TO THIS BEAUTIFUL SUN BATHED 1ST FLOOR CONDO THAT FEATURES 3 GOOD SIZED BEDROOMS((IT ALSO HAS OFFICE ROOM) AND 3 FULL BATHS. THE CONDO HAS BEEN UPDATED IN 2023 - RE-SANDING OF THE HARDWOOD FLOORING / UPDATED STYLISH BATHROOMS WITH CERAMIC ACCENTS AND VANITIES. UPDATED KITCHEN WITH GRANITE COUNTER TOP/MATCHING STAINLESS STEEL APPLIANCES AND CERAMIC FLOORING. THE ENTIRE UNIT WAS PROFESSIONALLY PAINTED. THE CONDO ALSO FEATURES CENTRAL A/C AND RADIANT HEATING. NOTHING TO DO, THE UNIT IS IN MOVE IN CONDITIONS. WASHINGTON PARK IS ACROSS THE STREET . IT IS ALSO CLOSE TO THE MUSEUM OF SCIENCE AND INDUSTRY AND LAKE MICHIGAN. CALL YOUR AGENT TO SCHEDULE A SHOWING. THIS A TRUE BEAUTY NOTE: THE UNIT IS SELLING CASH ONLY AS IS CONDITIONS.

5150 S King Drive Unit #A1, Chicago

$119,900

WELCOME HOME TO THIS BEAUTIFULLY UPDATED 1-BEDROOM, 1-BATH CONDO OFFERING THE PERFECT COMBINATION OF STYLE, COMFORT, AND LOCATION! THIS MOVE-IN READY UNIT FEATURES GORGEOUS HARDWOOD FLOORING, QUARTZ COUNTERTOPS, MODERN CABINETRY, STAINLESS STEEL APPLIANCES, AND A SPACIOUS OPEN LAYOUT FILLED WITH NATURAL LIGHT. ENJOY A COZY FIREPLACE, IN-UNIT LAUNDRY, AND PEACEFUL COURTYARD VIEWS FROM YOUR PRIVATE PATIO. THE BUILDING OFFERS A SECURE GATED ENTRANCE ALONG WITH A PRIVATE GATED PARKING LOT LOCATED DIRECTLY BEHIND THE BUILDING, FEATURING PLENTY OF PARKING SPACES FOR RESIDENTS AND GUESTS. WITH LOW PROPERTY TAXES AND A LOW HOA FEE, THIS IS AN AFFORDABLE OPPORTUNITY FOR BOTH HOMEOWNERS AND INVESTORS. IDEALLY LOCATED JUST MINUTES FROM THE NEWLY OPENED OBAMA PRESIDENTIAL CENTER, THE UNIVERSITY OF CHICAGO, WASHINGTON PARK, PUBLIC TRANSPORTATION, SHOPPING, AND DINING. PERFECT FOR A FIRST-TIME HOMEBUYER LOOKING FOR A MOVE-IN READY HOME OR AN INVESTOR SEEKING A STRONG RENTAL OPPORTUNITY IN A RAPIDLY GROWING AREA. DON'T MISS YOUR CHANCE TO OWN IN ONE OF CHICAGO'S MOST EXCITING AND UP-AND-COMING NEIGHBORHOODS!

1 Beds ⋅ 1 Baths ⋅ 12725496 MLS ⋅ CONTINGENT Status

WELCOME HOME TO THIS BEAUTIFULLY UPDATED 1-BEDROOM, 1-BATH CONDO OFFERING THE PERFECT COMBINATION OF STYLE, COMFORT, AND LOCATION! THIS MOVE-IN READY UNIT FEATURES GORGEOUS HARDWOOD FLOORING, QUARTZ COUNTERTOPS, MODERN CABINETRY, STAINLESS STEEL APPLIANCES, AND A SPACIOUS OPEN LAYOUT FILLED WITH NATURAL LIGHT. ENJOY A COZY FIREPLACE, IN-UNIT LAUNDRY, AND PEACEFUL COURTYARD VIEWS FROM YOUR PRIVATE PATIO. THE BUILDING OFFERS A SECURE GATED ENTRANCE ALONG WITH A PRIVATE GATED PARKING LOT LOCATED DIRECTLY BEHIND THE BUILDING, FEATURING PLENTY OF PARKING SPACES FOR RESIDENTS AND GUESTS. WITH LOW PROPERTY TAXES AND A LOW HOA FEE, THIS IS AN AFFORDABLE OPPORTUNITY FOR BOTH HOMEOWNERS AND INVESTORS. IDEALLY LOCATED JUST MINUTES FROM THE NEWLY OPENED OBAMA PRESIDENTIAL CENTER, THE UNIVERSITY OF CHICAGO, WASHINGTON PARK, PUBLIC TRANSPORTATION, SHOPPING, AND DINING. PERFECT FOR A FIRST-TIME HOMEBUYER LOOKING FOR A MOVE-IN READY HOME OR AN INVESTOR SEEKING A STRONG RENTAL OPPORTUNITY IN A RAPIDLY GROWING AREA. DON'T MISS YOUR CHANCE TO OWN IN ONE OF CHICAGO'S MOST EXCITING AND UP-AND-COMING NEIGHBORHOODS!

5148 S King Drive Unit #C1, Chicago