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Amy Larsen

amy.larsen@engelvoelkers.com +1(773) 720-8041

$ 1,288,000

Est. payment -/mo

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Active

3762 S Indiana AVE Chicago, IL 60653

9 Beds

9 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12606301

Style Contemporary

Bedrooms 9

Maintenance Fees $2,200

Year Built 2022

Annual Tax Amount $20,366

Tax Year 2024

Lot Dimensions 25X152

Property Sub-Type Two to Four Units

Property Description

WOW! Welcome to 3762 S. INDIANA - a STUNNING, NEWER CONSTRUCTION (2022) THREE UNIT building 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!

Location

State IL

County Cook

Area Chi - Douglas

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 3.0

Community Features Park, Curbs, Sidewalks, Street Lights, Street Paved

Roof Type Rubber

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Keith Schumann of @properties Christie's International Real Estate

NEARBY SCHOOLS & PROPERTIES

Amy Larsen

+1(773) 720-8041

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