Interra Realty is pleased to present exclusively for sale 4601 S. Indiana Ave in Chicago's Bronzeville neighborhood. The subject property consists of 18 units with an ideal unit mix of four (4) 2BD/1BA, six (6) 2BD/2BA, seven (7) 3BD/2BA, and one (1) 3BD/2.5BA apartments.

The architecturally distinct corner property has been thoughtfully updated. Improvements included renovated kitchens with new cabinetry, granite countertops, and stainless steel appliances including dishwashers. Bathrooms have been updated with new vanities and granite countertops. Each unit is equipped with individual hot water storage tanks, furnaces, central air conditioning and in-unit laundry.

The subject property is located less than two blocks from the 47th St Green Line CTA station and offers convenient access to the expressway. Qualified investors are positions to acquire an immediately cash flowing asset in a rapidly appreciating neighborhood. Further upside remains in the rent roll presenting the opportunity to achieve a 9.2% cap rate through capturing market rents.