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4601 S Indiana Ave
Chicago, IL 60653 South Chicago

$3,900,000 USD

Apartments For Sale  •  28,983 SF

Property Details

  • Property Type Apartments
  • Total Building Size 28,983 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1901
  • Zoning R-5
75 Transit Score
79 Walk Score

Highlights

Professional Offering Memorandum Available Upon Request
Favorable Assumable Debt, Current Balance of $2.8MM [71% LTV at List], 4.75% IR
100% Gut Renovated Units with In-Unit Washer/Dryer Throughout
Professionally Operated and Meticulously Maintained by Local Owner
Favorable Mix of Entirely Two and Three Bedroom Units; Most Units Have Two Bathrooms
Stabilized, Cash-Flowing Building With Strong Rental Upside for Top-Quality Units

Amenities

  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Recycling
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
47Th Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.7 mi
35Th St. - Lou Jones (Rock Island - Metra) 3 min - 1.8 mi
Transit/SubwayDriveWalkDistance
47Th Street Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.2 mi
43Rd Street Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 9 min 0.5 mi
47Th Street Station (Red Line) (Red Line - Chicago Transit Authority "L" Trains (The "L")) 13 min 13 min 0.7 mi
51St Street Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
Indiana Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 14 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 15 min - 7.6 mi
Chicago O'Hare International 35 min - 22.7 mi
Robert Berman 312-610-1074 Essex Realty Group
Robert Berman 312-610-1074 Essex Realty Group