8216 S Indiana Avenue

CHICAGO, Illinois 60619

Closed / MLS #9731527 / Multiple Family / West Chesterfield

Listing information updated 1/9/2018 at 2:28am

Very well maintained six-unit building and 5 car garage in much sought after Chatham. All units are updated 2 bedrooms. Building is low maintenance and all units are occupied with stable tenants. One of a kind architecture, with no problem maintaining full occupancy. This is a turn-key rental income investment. The area is very nice with well maintained homes near schools, churches, transportation and shopping. Chatham Dixon Grammar School is ranked #4 in Chicago. All new efficient lighting has been installed in common areas, exterior areas, garage, and basement. All lighting is sensor operated. Completely restored/decorated north front half of basement to an office. Completely restored south rear basement to a laundry room. Plenty of tenant storage area in units and basement. Boiler is equipped with an automated sensor system. Automated sprinkler system with a remote control. PRE-APPROVAL, PROOF OF FUNDS OR COMMITMENT LETTER FOR SHOWINGS. Please do not disturb the tenants.

Full Features

Basement:

Partially Finished,Other

Square Feet:

N/A

Acreage:

.18

Built:

1929

Parking Spaces:

Stories:

Current Use:

Residential-Multi-Family

Potential Use:

Condominium

Zoning:

MULTI

Current Net Income:

$59,938

Unit 1:

5 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$6,814

Tax Year:

N/A

Location

Zip Code:

60619

City:

Chicago

County:

Cook

Listing Office: Charles Rutenberg Realty of IL

Listing Office Phone: 630.929.1100

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8216 S Indiana Avenue is a multiple family which sold for $460,000. This multiple family has been listed on @properties since August 24th, 2017 and was built in 1929. The nearest transit stops include 79th CTA Red line.