3762 S Indiana Avenue Chicago, IL 60653 • Multi Unit - Multiple • Active $1,198,000

Description

WOW! Great building; great value! Don't miss out on 3762 S. INDIANA - a STUNNING, NEWER CONSTRUCTION (2022) THREE UNIT building w/ 3 CAR GARAGE in the heart of Bronzeville, designed for both SAVVY INVESTORS and owner-occupants seeking strong income potential. Each of the three expansive units features 3 BEDROOMS & 3 FULL BATHROOMS, offering an ideal layout for modern living. Thoughtfully designed interiors provide spacious, functional floor plans that appeal to today's renters, while small private rear decks add desirable OUTDOOR SPACE to each unit. The property is FULLY LEASED with stable tenants in place, currently generating CASH FLOW FROM DAY ONE! Rents are slightly below market, presenting a clear opportunity for future upside and increased returns. Additional highlights include a 3 CAR GARAGE, a highly sought-after amenity that enhances both tenant convenience and long-term value. Whether you're looking to expand your portfolio with a TURNKEY ASSET or live in one unit while offsetting your mortgage with rental income from the others, This building checks all the boxes: STRONG UNIT MIX, MODERN CONSTRUCTION, LOW-MAINTENANCE OWNERSHIP, SOLID INCOME, AND FUTURE GROWTH POTENTIAL. These exquisite 3 bedroom, 3 full bath units epitomize the high standard of luxury and beauty offered at this exciting living destination. The very unique layout is truly rare in Chicago, 3 BATHS; 2 ENSUITE in each unit, perfect for an in-law arrangement or roommates. Enjoy the finest finishes, including Oknoplast windows and a gracious open-plan layout for entertaining that flows seamlessly, complemented by prized outdoor space, with rear balcony and MAINTENANCE FREE DECKING. An elegant living/dining room is enhanced by a customized kitchen that will inspire your inner chef. Bedrooms are sun-filled and generously-sized, highlighted by a divine master suite with a WALK-IN CLOSET AND A SPA BATH. Full size front loader washer and dryer, and 1 parking space per unit round out the upscale comforts. This is a great opportunity to purchase as an owner occupied, investment or 1031 exchange option. Near IIT, U of C and Illinois College of Optometry. Near train and bus services to the city's Financial District and the core of Downtown and wide range of convenient transport links close by include the Green Line train, Metra Train and CTA bus routes. DON'T MISS THIS EXCEPTIONAL INVESTMENT OPPORTUNITY IN ONE OF CHICAGO'S MOST RAPIDLY APPRECIATING NEIGHBORHOODS!

Property Highlights