




5809 S Indiana Ave, Chicago, IL, 60637
About This Home
Luxury New Construction 3-Flat in Washington Park - Premier Investment & Owner-Occupant Opportunity 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 fastest-growing neighborhoods. This meticulously crafted new-construction 3-unit residence is designed to stand out. Each expansive unit offers 3 oversized bedrooms and 3 full bathrooms, including 2 true master 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, aligning perfectly with today's lifestyle expectations. 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-bringing a level of sophistication 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 a 3-car additional exterior parking space. For investors or house hackers, the opportunity is clear: live in one unit while generating strong rental income from the others, significantly offsetting your monthly expenses while building long-term equity. Ideally located just minutes from the University of Chicago, major hospitals, parks, grocery stores, and public transportation, this property offers unmatched convenience paired with strong appreciation potential. New construction with this level of layout, finish, and income potential is rarely available-making this a true standout opportunity in a rapidly developing neighborhood. Schedule your private showing today and experience the next level of urban investment living.
Getting Around
Schools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 9
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Heating features: Natural Gas
Property
Details
- Parcel number: 20151220020000
- Special condition: None
Lot
- Lot size: 4,550 sqft
- Lot size dimensions: 182X25
Parking
- Total spaces: 2
- Parking features: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,879 | $58,548 |
| Home Insurance * | $1,684 | $20,208 |
| Property Taxes | $1,391 | $16,692 |
| Electricity | $130 | $1,569 |
| Total | $8,084 | $97,008 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $997,000 |
| 2026-04-04 | Price change | $2,700 |
| 2026-04-03 | Listed for rent | $2,800 |
| 2026-03-18 | Listing removed | $2,850 |
| 2026-03-17 | Listed for rent | $2,850 |
| 2026-02-27 | Listed for sale | $1,100,000 |
| 2021-08-01 | Listing removed | -- |
| 2021-06-18 | Listed for sale | $68,000 |
