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5809 S Indiana Ave, Chicago, IL, 60637

9beds
9baths
--sqft
$965,000
--price/sqft
$8,084/moest. monthly cost
$323,360/yrincome needed

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

62
WalkingSomewhat Walkable
69
TransitGood Transit
61
BikeBikeable

Schools

4/10
Carter Elementary SchoolGrades PK-80.2 mi
1/10

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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Tsunami

FEMA Declared Disasters Across Illinois Counties

Flood
Other
Severe Storm
Straight Line Winds
Tornado

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

MonthlyAnnual
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
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$277,165/yr
40% on housing$242,520/yr
45% on housing$215,573/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 15.1%
15.1%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 60637$207
Cook County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 60637$144
Cook County$219

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

DateEventPrice
2026-05-12Price change$997,000
2026-04-04Price change$2,700
2026-04-03Listed for rent$2,800
2026-03-18Listing removed$2,850
2026-03-17Listed for rent$2,850
2026-02-27Listed for sale$1,100,000
2021-08-01Listing removed--
2021-06-18Listed for sale$68,000

New Construction

AgentAnita Gee
BrokerageGee Exclusive Realty Group

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