3138-40 S. INDIANA AVENUE

Property Overview

Interra Realty has been exclusively engaged to market 3138-40 S. Indiana Avenue, "Unity Hall", for sale. The subject investment property is a historically significant, fully renovated multifamily asset in a strong location within the Bronzeville Neighborhood.

The property features studio, two, three and four bedroom apartments. All units have market leading modern finishes and individual HVAC. The facade and envelope were beautifully restored and building systems were all replaced during the renovation. Common area amenities include on-site laundry (owned/free) and a shared patio for grilling. All units are leased to Illinois College of Optometry students.

A qualified investor has the rare opportunity to acquire a stabilized and renovated multifamily asset in the booming Bronzeville neighborhood.

Highlights

  • Historic, Landmark Designated Building
  • Fully Renovated with Modern Finishes and Individual HVAC
  • All Units Leased to Illinois College of Optometry Students
  • Strong Location in “The Gap” Submarket of Bronzeville

Key Details

Sale Price
$4,400,000
Number of Units
Twenty-One (21)
Submarket
Bronzeville "The Gap"