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5407 S Indiana Avenue Chicago IL 60615 MLS #MRD12177857
5407 S Indiana Avenue
Chicago, IL, 60615
$799,000
Beds
0 Baths
0 SqFt
0 Acres
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$799,000
5407 S Indiana Avenue
Chicago, IL, 60615
MLS #MRD12177857 img 0MLS #MRD12177857 img 1MLS #MRD12177857 img 2MLS #MRD12177857 img 3MLS #MRD12177857 img 4MLS #MRD12177857 img 5MLS #MRD12177857 img 6MLS #MRD12177857 img 7MLS #MRD12177857 img 8MLS #MRD12177857 img 9MLS #MRD12177857 img 10MLS #MRD12177857 img 11MLS #MRD12177857 img 12MLS #MRD12177857 img 13MLS #MRD12177857 img 14MLS #MRD12177857 img 15MLS #MRD12177857 img 16
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

Net Operating Income
$72,159
Tax Year
2023
Taxes
$9,509
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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
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