Jan Jaeger
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Outstanding opportunity to own a solid multi-unit building in the heart of Bronzeville/Grand Boulevard, one of Chicago's most dynamic and evolving neighborhoods. Located on THEE sought-after South Indiana Avenue, this property offers the flexibility and potential that today's investors and owner-occupants are seeking. The building features spacious 3-bedroom units on both the first and second floors, along with a finished lower level offering additional bedroom and bathroom space. The versatile layout provides multiple options for income generation, including long-term rentals, owner-occupancy with supplemental rental income, or future value-add opportunities. Additional highlights include a garage, on-site parking, and separate tenant-paid utilities, enhancing operational efficiency and investment appeal. Ideally situated near the South Loop, Lake Michigan, downtown Chicago, Hyde Park, public transportation, and major ongoing neighborhood development, this property is well-positioned for both current income and long-term appreciation potential. A rare opportunity for investors and owner-occupants alike to secure a property in one of Chicago's most historic and revitalized communities. Buyer to independently verify zoning, unit legality, rents, taxes, leases, expenses, and all MLS information.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 3
County: Cook
High School: Phillips Academy High School
Listed By:
Keller Williams Preferred Rlty
708-798-1111
MRED MLS
MLS ID: 12701934
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4016 S Indiana Avenue, Chicago, IL 60653.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $594,990 | $594,990 | $594,990 |
| Down Payment | $118,998 | $20,825 | $148,748 |
| Monthly Mortgage Amount | $3,009 | $3,645 | $3,736 |
| Taxes | $828 | $828 | $828 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $262 | $0 |
| Monthly Estimated Total | $4,011 | $4,909 | $4,738 |
Jan Jaeger
REALTOR®
Office: (319) 752-9933 ext. 106
Cell: (319) 759-8589
Licensed in IA
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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