Property Overview
Interra Realty has been exclusively engaged to present for sale 5715 S. Indiana Ave. The subject property is a center entrance, 8 unit building in the Washington Park submarket of Chicago's South Side. The property features (2) 2 BDs, (3) 3 BDS, and (3) 4 BDs.
The property envelope is in excellent condition with newer tuckpointing, masonry and windows. The common areas boast a modern aesthetic with exposed brick hallways throughout. The units feature spacious layouts with individual furnaces and individual hot water storage tanks. There is also a gated rear parking lot in the rear of the property with striped spaces for added tenant convenience.
The property presents qualified investors the opportunity to acquire a stabilized property encompassing strong cash flow in addition to demonstratable upside in marking rents to market.
Highlights
- Highly Desirable Unit Mix: 2, 3, and 4 Bedroom units
- Large floor plans throughout
- Gated parking lot in rear of property
- Upgraded electric service/Individual hot water tanks
- Building envelope in excellent condition