5809 S Indiana Ave, Chicago, IL

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.

Property details

Price

$1,100,000

Bedrooms

9

Bathrooms

9

Year built

2026

Type

Multi-Family

Days on market

58

Est. property tax

$22,880/yr · $1,907/mo · 2.08% IL avg

Last sold

$6,500 · Nov 1984

Estimated monthly payment

Price history

1. Feb 27, 2026$1,100,000Initial list price
2. Mar 29, 2022$68,000Price change

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.

Location

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Neighborhood (zip 60637)

This neighborhood skews young (median age 31.2) and is primarily renter-occupied (26% owner-occupied). 14% hold a bachelor's degree; median household income is $37,247.

Median income

$37,247

Median age

31.2

Owner-occupied

25.7%

Bachelor's degree

14.4%

Census median home value

$240,600

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

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