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8216 South Indiana Avenue, Chicago, IL 60619

$465,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5 Parking Spaces
  • 1-5 Car Garage
  • Updated 15 hours ago
8216 South Indiana Avenue, Chicago, IL 60619 View this property at 8216 South Indiana Avenue, Chicago, IL 60619
8216 South Indiana Avenue Chicago IL 60619

Property Description

Very well maintained six-unit building and 5 car garage in much sought after Chatham. All units are updated 2 bedrooms. Building is low maintenance and all units are occupied with stable tenants. One of a kind architecture, with no problem maintaining full occupancy. This is a turn-key rental income investment. The area is very nice with well maintained homes near schools, churches, transportation and shopping. Chatham Dixon Grammar School is ranked #4 in Chicago. All new efficient lighting has been installed in common areas, exterior areas, garage, and basement. All lighting is sensor operated. Completely restored/decorated north front half of basement to an office. Completely restored south rear basement to a laundry room. Plenty of
tenant storage area in units and basement. Boiler is equipped with an automated sensor system. Automated sprinkler system with a remote control. PRE-APPROVAL, PROOF OF FUNDS OR COMMITMENT LETTER FOR SHOWINGS. Please do not disturb the tenan

Full Property Details for 8216 South Indiana Avenue

  • Price: $465,000
  • Taxes: $5,257 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 09395665
  • Updated: 12/4/2016
  • Added: 7 day(s) ago

Property History

  • 8216 South Indiana Avenue, Chicago, IL
  • Listed at $465,000 on 11/27/16

Additional Information

  • Security/Safety: Smoke or Fire Protectors

Exterior

  • Exterior Features: Children's Play Yard, Curbs and Gutters, Exterior Lighting, Security Entrance, Sidewalks, Cable-Ready, Enclosed Porch, Enclosed Stairs, Security Gate, Security Lighting, Storms and Screens (as exist)

Parking

  • Garage: Yes
  • Garage Description: 1-5 Spaces
  • Garage Spaces: 1-5
  • Total Spaces: 5
  • Garage Description: 1-5 Spaces

Location

  • Area: CHI - Chatham
  • County: Cook
  • Township: HYDE PARK
  • Driving Directions: Dan Ryan to 79th street, East to Indiana. South on Indiana to address, 8216-8218.

Heating & Cooling

  • Heating Type: Radiators, Steam

Utilities

  • Onsite: Municipal Water

Structural Information

  • Structure Type: Corridor (Exterior Entrance)
  • Construction: Brick
  • Basement Desc.: Partially Finished, Other
  • Roof: Flat
  • Stories/Levels: 3
  • Current Bldg. Use: Residential (Multifamily)
  • Year Built: 1929
  • Built Before 1978: Yes
  • Remodeled/Updated: 2016

Unit Information

  • Units w/Refrigerators: 6
  • Units w/Range/Oven: 6
  • # Washers: 1
  • # Dryers: 1

Unit 1

  • Number of Units: 6
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 8,024
  • Lot Dimensions: 50 x 160.49
  • Lot Access: City Street
  • Potential Use: Condominium
  • Zoning: MULTI

Financial Considerations

  • Tax Amount: $5,257
  • Tax Year: 2015
  • Tenant Pays: Electric, Other

Disclosures and Reports

  • Ownership: Individual
  • APN: 20341200200000

Listed by Charles Rutenberg Realty of IL

See This Property

Estimate the Cost

8216 South Indiana Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

8216 South Indiana Avenue, Chicago, IL 60619 (MLS# 09395665) is a Commercial property. 8216 South Indiana Avenue is currently listed for $465,000 and was received on November 27, 2016. Want to learn more about 8216 South Indiana Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

Listed by Charles Rutenberg Realty of IL

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