4608 S Indiana Avenue
Chicago, IL 60653

Status: Active
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $1,049,900

About this home

Stunning and New Multi Unit in Bronzeville! The building provides an opportunity for an owner occupant and or arm chair investor with an extended time horizon. The quality of the build out is second to none and you can be rest assured with this asset because of all of the attention to detail with the build. Hardie Board exterior finishes along with a masonry facade. Energy efficient building envelope and roof structure with nothing to do except collect rents. The site is oversized and extra deep which provide for a 3 car garage, expansive rear decks, and large fenced yard. All units are 3 bed/ 2 bath and feature contemporary designed kitchens with fully appointed shaker style white cabinetry, stainless steel appliances, and a beautiful quartz island with a full custom backsplash. Primary suites include a walk-in closet and a spa-level bathroom with an oversized shower, glass enclosure, and crisp metal plumbing and trim details. Hardwood floors are featured throughout all common living spaces. Penthouse/owner's unit has an extra wide footprint, vaulted ceilings, and an abundance of natural light. Turn-key building with separate utilities and HVAC for each unit. Perfect for an owner occupant, seasoned investor, or 1031.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age NEW Ready for Occupancy
3 Bedroom Unit in Building Yes
Approx Year Built 2023
Parking Total 3
Exterior Building Type Vinyl Siding, Brick
Exterior Property Features Deck ,Patio
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - Grand Boulevard
Zoning Type MULTI
Corporate Limits Chicago
Directions MLK Dr, right on 47th Street, Right on Indiana to 4608.
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Hyde Park
Interior Features
Basement Description None
Basement Bathrooms No
Basement None
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 6
Full Baths in Building Count 6
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 2600
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Walk-In Closet
Full Baths Total 2
Lease Expiration Date NA
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2700
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
Full Baths Total 2
Lease Expiration Date NA
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 2
Actual Rent 2900
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Laundry Hook-Up, Cathedral Ceilings, Hardwood Floors, Skylights/Windows, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 08/24
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 3
Property / Lot Details
Lot Dimensions 25 X 161
Lot Size Less Than .25 Acre
NewConstructionYN Yes
Ownership Fee Simple
Style of House Contemporary
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 360
Electric Expense Source Owner Projection
Gross Rental Income $98,400
Insurance Expense $2,500
Insurance Expense Source Owner Projection
Rental Income 98400
Scavenger Expense $600
Investment Profile Residential Income
Water Expense $600

Tax/Assessments/Liens

PIN 00000000000000
Special Assessments N
Tax Year 2021
$1,049,900 Listing Price:
MLS # 11936010
Investment Profile Residential Income
Listing Market Time 122 days
Basement None
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 01/03/2024
Year Built 2023
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