8213 S Indiana Avenue
Property Description
A PRICE IMPROVEMENT JUST MADE THIS BRICK BEAUTY EVEN MORE ATTRACTIVE! New price and a renewed opportunity! Sometimes the right property circles back around-and this classic brick 2-unit in Chatham is making its encore appearance with even more reason to take another look. If you missed it before, this may be the opportunity you've been waiting for-but don't count on a third chance. Whether you're looking to expand your investment portfolio, explore owner-occupancy with rental income, or create a multi-generational living arrangement, this property offers space, flexibility, and income potential under one roof. Each unit features 2 bedrooms and 1 full bath, including a bedroom with a generously sized walk-in closet. Formal dining rooms provide plenty of space for everyday meals and gatherings, while hardwood floors add classic character throughout. The property has been enjoyed over the years and offers a solid foundation for a buyer ready to bring fresh ideas, updates, and finishing touches. The partially finished basement provides separate ingress and egress, a kitchen, large bathroom, and 1 bedroom, creating additional flexibility for related living or other permitted uses. Buyers should perform their own due diligence regarding intended use. Outside, you'll find a manicured rear yard, decorative wrought-iron fencing, and a 2-car garage. Long-term occupants are currently in place, providing immediate rental income along with future potential for rental growth. And don't overlook the location! Situated in Chicago's Chatham neighborhood, the property offers convenient access to Tuley Park, Whitney M. Young, Jr. Library, shopping and dining along the 79th Street corridor, CTA and Metra transportation options, and I-94 for commuting throughout Chicago and the surrounding suburbs. So what's changed? THE PRICE! And that could make all the difference for the buyer who has been watching, waiting, or running the numbers. This brick 2-unit is back with an improved price and the opportunity is knocking again. Don't scroll past it twice. Schedule your showing and take another look before someone else recognizes the opportunity and writes the next chapter!Broker Details
Trademarks & Associates, LLC (773) 783-9525
MLS ID: 217706 State License Number: 471006293
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $349,900 |
| Year Built: | 1921 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-MREDIL-12652585
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
418 2nd Avenue
Canistota, South Dakota
2206 Arthur Street NE
Minneapolis, Minnesota
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout