$799,000
5407 S Indiana Avenue
Chicago, IL, 60615
Beautiful six (6) unit apartment building in Chicago’s highly coveted Washington Park neighborhood. Situated on a one way, tree-lined street, the building lies just blocks away from George Washington Park and University of Chicago’s campus. 5407 S. Indiana has an incredibly desirable unit mix comprised of four (4) 3Bd/1.5Ba and two (2) 4Bd/1.5Ba units. All of which feature spacious layouts with hardwood floors throughout, individual furnaces, and updated kitchens & baths. Furthermore, the building allows for the potential addition of two (2) garden units. Currently, the garden units are non-conforming and in need of renovation, however, one of the two has already been studded and framed out. Recent improvements to building include, but are not limited to, new porches (2020), new windows, copper plumbing, newer roof, and significant masonry/tuckpointing work. This property presents tremendous value can also be added by finishing out the 7th and 8th units, which would not only increase a new owners NOI, but increase the value of the property
Property Details
Price:
$799,000
MLS #:
MRD12177857
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
5407 S Indiana Avenue
Type:
Commercial
Neighborhood:
CHI – Washington Park
City:
Chicago
Listed Date:
Oct 1, 2024
State:
IL
ZIP:
60615
Year Built:
1903
Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$9,509
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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5407 S Indiana Avenue
Chicago, IL
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