4601 S Indiana Ave | Chicago, IL 60653
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- LoopNet Team
4601 S Indiana Ave
Chicago, IL 60653
Multifamily Property For Sale · 18 Units
INVESTMENT HIGHLIGHTS
- Professional Offering Memorandum Available Upon Request
- 100% Gut Renovated Units with In-Unit Washer/Dryer Throughout
- Favorable Mix of Entirely Two and Three Bedroom Units; Most Units Have Two Bathrooms
- Favorable Assumable Debt, Current Balance of $2.8MM [71% LTV at List], 4.75% IR
- Professionally Operated and Meticulously Maintained by Local Owner
- Stabilized, Cash-Flowing Building With Strong Rental Upside for Top-Quality Units
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 28,983 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1901 |
| Building Class | C |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 28,983 SF |
| No. Stories | 3 |
| Year Built | 1901 |
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 2+2 | 6 | - | - |
| 3+2 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 20-03-321-001-0000 | Improvements Assessment | $163,825 |
| Land Assessment | $28,175 | Total Assessment | $192,000 |
PROPERTY TAXES
Parcel Number
20-03-321-001-0000
Land Assessment
$28,175
Improvements Assessment
$163,825
Total Assessment
$192,000
ZONING
| Zoning Code | R-5 (Residential Multi-Unit District) |
| R-5 (Residential Multi-Unit District) |
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