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5021 S Indiana Avenue Chicago, IL 60615 • Multi Unit - Multiple • Active

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Description

Exceptional Gut Renovated Legal 5-Unit Greystone in booming Bronzeville. Fully occupied w/ annual gross income of $115,200 and NOI of over $96k. Building was completely rebuilt to the studs in 2020 under full architectural plans and permits, with City of Chicago Inspections. Features a premium unit mix of three 2BR/2BA units and two 1BR/1BA units. Thoughtfully designed with open layouts and upgraded finishes throughout. All with in unit laundry and individual mechanicals. Fully secured building with gated entry and security system. This renovation pairs the old-world character, aesthetic and craftsmanship of a classic Chicago Greystone solid brick building, with the infrastructure, systems and finishes of modern construction. A fully rebuilt, stabilized boutique multifamily in a highly sought after neighborhood, perfect turnkey investment opportunity. Offering Memorandum available by request.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
@properties Christie's International Real Estate 773-432-0200
MRED MLS
$1,295,000
Est. $9,335/mo
New to the Market Active
BEDS0 BATHS MLS#12790264
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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Ruhl&Ruhl Realtors
563.441.1776

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5021 S Indiana Avenue, Chicago, IL 60615.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,295,000$1,295,000$1,295,000
Down Payment $45,325$0$259,000
Monthly Mortgage Amount $8,353$8,912$7,155
Taxes $1802$1802$1802
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $777$0$0
Monthly Estimated Total $11,310$11,092$9,335

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