10500 S INDIANA Avenue
Chicago, IL 60628

MULTI-FAMILY 3 UNIT LOCATED ON A TREE-LINED STREET SURROUNDED BY OTHER RESIDENTIAL PROPERTIES. THE BUILDING SITS ON A CORNER LOT CONSISTING THREE 2- BEDROOM APARTMENTS. THE FIRST FLOOR UNIT HAS A CONNECTING LARGE AREA THAT COULD BE USED AS A FAMILY ROOM, PLUS AN ADDITIONAL FULL BATHROOM AND AN EXTRA ROOM FOR AN OFFICE AND STORAGE AREA. THERE IS PRESENTLY DRYWALL COVERING THE DOOR OPENING TO THE FIRST-FLOOR UNIT THAT CAN BE REMOVED FOR ACCESS INTO THE FAMILY ROOM. THE REAR IS FENCED WITH A 2-CAR DETACHED GARAGE THAT COULD GENERATE ADDITIONAL INCOME (GARAGE BUILT IN 2010). NEW REAR EXTERIOR STEPS (2022). THE BUILDING HAS 4 METERS (ONE FOR EACH APARTMENT AND ONE FOR THE FAMILY ROOM AREA). THE TENANT PAYS FOR ELECTRICITY AND GAS. UTILITIES AND LAUNDRY ARE LOCATED ON THE LOWER LEVEL. COIN OPERATED WASHER AND DRYER. THE SELLER PAYS FOR WATER, ELECTRICITY FOR THE COMMON AREA, AND GARBAGE. THE FIRST FLOOR ALSO OFFERS ROLLING SHUTTERS FOR ALL WINDOWS. THE BUILDING HAS 4 FURNACES (EACH 13 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. EXTREMELY LOW PROPERTY TAXES. PROPERTY BEING SOLD AS-IS. THIS CAN BE A QUICK CLOSING. FHA APPRAISAL WAS DONE IN JULY 2023.