Property Overview
High-Quality Historic Building Trades in The Gap
Interra Realty was engaged to market 3433 S. Indiana Avenue, "The Defender Building," for sale. The subject investment property is an historically significant, fully renovated mixed-use asset in a strong location within the Bronzeville Neighborhood.
The property recently underwent a full adaptive re-use renovation. features three and four bedroom apartments over ground floor retail. All units have market-leading modern finishes, individual HVAC, laundry, and hot water heaters. The ground floor retail is leased to a medical supply company.
The developer was interested in freeing up his time to continue to build new construction product in the submarket. The buyer was attracted to the quality of the product, cash flow and future upside in the submarket.