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10500 S Indiana Avenue

Chicago, IL 60628
  • $239,900
  • STATUS: Active Under Contract
  • ON SITE: 92 Days
  • MLS #: 11454427
Under Contract
UPDATED: 29 min ago
$239,900
  • 6
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

School District:
299

Description

GREAT OPPORTUNITY FOR THIS GENERATING INCOME PROPERTY LOCATED ON A TREE-LINED STREET OF RESIDENTIAL PROPERTIES. THE BUILDING SITS ON A CORNER LOT AND CONSISTS OF THREE 2- BEDROOM APARTMENTS. THE FIRST FLOOR LEVEL IS BEING USED AS A CHURCH AND HAS A PASTORAL OFFICE, STORAGE ROOM, MEDIA ROOM, AND A FULL BATHROOM. THE REAR IS FENCED WITH A 2-CAR DETACHED GARAGE THAT COULD ALSO GENERATE INCOME (GARAGE BUILT 2010). THE BUILDING HAS 4 METERS (ONE FOR EACH APARTMENT AND ONE FOR THE CHURCH). TENANT PAYS ELECTRIC AND GAS. UTILITIES AND LAUNDRY ARE LOCATED ON THE LOWER LEVEL AND HAS A COIN WASHER AND DRYER. SELLER PAYS WATER, ELECTRICITY FOR THE COMMON AREA, AND GARBAGE. FIRST FLOOR ALSO OFFERS ROLLING SHUTTERS FOR ALL WINDOWS. THERE ARE TWO ENTRANCES; ONE FOR THE CHURCH AND ONE FOR THE APARTMENTS. THE BUILDING HAS 4 FURNACES (EACH 12 YEARS OLD, OF WHICH 2 ARE LOCATED IN THE BASEMENT, AND THE OTHER 2 FURNACES ARE IN EACH UNIT. ELECTRICAL WAS REDONE FOR THE ENTIRE BUILDING IN 2018. YOU WILL NOT BE DISAPPOINTED WITH THIS PROPERTY.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-06T07:06:25.247 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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10500 S Indiana Avenue Chicago, IL 60628

  • Price: $239,900
  • Status: Active Under Contract
  • On Site: 92 Days
  • Updated: 29 min ago
  • MLS #: 11454427
6
Beds
0
Baths
0
½ Baths
N/A
Acres
1913
Built
Neighborhood:
Chi - Roseland
County:
Cook
Area:
Chi - Roseland
School District:
299
Property Description
GREAT OPPORTUNITY FOR THIS GENERATING INCOME PROPERTY LOCATED ON A TREE-LINED STREET OF RESIDENTIAL PROPERTIES. THE BUILDING SITS ON A CORNER LOT AND CONSISTS OF THREE 2- BEDROOM APARTMENTS. THE FIRST FLOOR LEVEL IS BEING USED AS A CHURCH AND HAS A PASTORAL OFFICE, STORAGE ROOM, MEDIA ROOM, AND A FULL BATHROOM. THE REAR IS FENCED WITH A 2-CAR DETACHED GARAGE THAT COULD ALSO GENERATE INCOME (GARAGE BUILT 2010). THE BUILDING HAS 4 METERS (ONE FOR EACH APARTMENT AND ONE FOR THE CHURCH). TENANT PAYS ELECTRIC AND GAS. UTILITIES AND LAUNDRY ARE LOCATED ON THE LOWER LEVEL AND HAS A COIN WASHER AND DRYER. SELLER PAYS WATER, ELECTRICITY FOR THE COMMON AREA, AND GARBAGE. FIRST FLOOR ALSO OFFERS ROLLING SHUTTERS FOR ALL WINDOWS. THERE ARE TWO ENTRANCES; ONE FOR THE CHURCH AND ONE FOR THE APARTMENTS. THE BUILDING HAS 4 FURNACES (EACH 12 YEARS OLD, OF WHICH 2 ARE LOCATED IN THE BASEMENT, AND THE OTHER 2 FURNACES ARE IN EACH UNIT. ELECTRICAL WAS REDONE FOR THE ENTIRE BUILDING IN 2018. YOU WILL NOT BE DISAPPOINTED WITH THIS PROPERTY.
Exterior Features

Exterior Building Type Aluminum SidingStucco Garage Details Garage Door Opener(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Features Corner LotFenced Yard Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking Details Garage Waterfront YN Yes

Interior Features

Basement Unfinished Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 4 Half Baths In Building 0 Heating Natural Gas Rooms Total 14

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Corporate Limits Chicago General Information None Gross Income 34800 Insurance Expense 5087 Mls Actual Status Contingent Net Operating Income 26505 New Construction YN No Other Equipment Ceiling Fan(S) Ownership Fee Simple Rebuilt YN No Rehab Year 2010 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2642.27 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 34800 Township Hyde Park Type Two To Four Units Water Source Public

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max 10: 708-429-4300.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-06T07:06:25.247 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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