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5809 S Indiana Avenue Chicago, IL 60637 Multi Unit - Multiple Active

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Description

SIGNIFICANT PRICE IMPROVEMENT!!! Luxury New Construction Triplex in Washington Park | Premier Investment & Owner-Occupant Opportunity 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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 9
Bathrooms: 9
County: Cook
Listed By:
Gee Exclusive Realty Group 312-714-5188
MRED MLS
$965,000
Est. $6,440/mo
9beds
9baths
Active
BEDS9 BATHS9 full MLS#12696855
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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Ruhl&Ruhl Realtors

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5809 S Indiana Avenue, Chicago, IL 60637.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $965,000$965,000$965,000
Down Payment $193,000$33,775$241,250
Monthly Mortgage Amount $4,816$5,911$6,010
Taxes $1343$1343$1343
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$579$0
Monthly Estimated Total $6,440$8,114$7,634

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