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5027 S Indiana Ave
Multi-Family
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$726,000

5027 S Indiana Ave, Chicago

38% below median
6 bd·5 ba·0 sqft
Built 2026Grand Boulevard

5027 S Indiana Ave, Chicago, IL

6 bd · 5 ba · 0 sqft Multi-Family listed at $726,000, built in 2026 in the Grand Boulevard neighborhood.

About this home

OWNER-OCCUPIED BUYERS ONLY! QUALIFIES FOR 20,000 GRANT FROM THE COUNTY. ANOTHER PROJECT BY AN AWARD WINNING DEVELOPER - GT ALTERNATIVES LLC. This gorgeous 2 unit new construction was completed in February, 2026 and features 4 bedrooms and 3 bathrooms in the duplex down first floor unit with white shaker designer kitchen cabinets, a large peninsula, quartz counters, stainless steel appliances and hardwood floors throughout. The second floor unit has 2 bedrooms and 2 baths. There is a brand new 2-car garage, 2-story back porch, and much more. Great investment opportunity. This one has CONCRETE/BRICK STEPS AND STEEL RAILING! Unit 1 is rented for 3,300. 5029 S Indiana is also available for the same price.

Property details

Price
$726,000
Bedrooms
6
Bathrooms
5
Year built
2026
Type
Multi-Family
Days on market
128
Est. property tax
$15,101/yr · $1,258/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($145,200)
Interest rate6.75%
Principal & Interest$3,767
Property Tax$666
Insurance$150
Total$4,583/mo

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Price history

$726K$726K$725K$725K on Dec 25 (Initial list)$726K on Jan 26 (Price change)$726K on Mar 26 (Relisted)
$725K · Dec 25$726K · Mar 26
  1. Mar 25, 2026$726,000Relisted
  2. Jan 30, 2026$726,000Price change
  3. Dec 19, 2025$725,000Initial list price

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60615)

This neighborhood is primarily renter-occupied (31% owner-occupied). Median age is 34.7; 25% hold a bachelor's degree; median household income is $56,518.

Median income
$56,518
Median age
34.7
Owner-occupied
31.4%
Bachelor's degree
25.3%
Census median home value
$306,400

Source: US Census Bureau American Community Survey 5-year estimates.

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