5025 S Indiana Avenue
Chicago, IL 60653

Listing courtesy of PIP Realty Group

$989,500

Beds: 9
Number of Units: 3
Type: Multi-Unit Residential
Listing #11922023
Customize all of the finishes and colors on this all brick and limestone masonry building on incredibly deep lot with wrought iron fenced and 3 car garage that developer will build to suit. Photo shown is of the same building built a few blocks away. Live in one unit and allow the other units to pay your mortgage or own and lease for fantastic returns in booming Bronzeville Area. This plan is 4,430 square feet, but developer has other plans to choose from. The proposed building plan is comprised of 3 artfully-crafted open floor plans each with 3 bedrooms and 2 full baths. Developer is offering state of the art finishes with thermopane windows, high efficiency furnaces, ac units, tankless water heaters, solid surface countertops and flooring, Porcelain tile throughout, stainless steel appliances, touch screen intercom system, and security system. Rare opportunity to customize to your liking by picking out all of your own finishes from exterior brick and stone to interior finishes and colors. Building boosts remarkable blends of a contemporary design and cutting-edge engineering, with meticulous interior finishes. From the all masonry exterior to the gracious open floor plan and private outdoor living space for entertaining in private rear yard or on maintenance free decks and patio. Each unit has in suite laundry for your convenience. There is potential to lower price by replacing garage with a parking lot. Site is centrally located one block from train station and close to downtown financial district, University of Chicago, and lakefront. Great 1031 exchange opportunity for savvy investor tired of older problematic buildings seeking headache free building with high rents and new everything! Newly finished buildings by Green Day Construction in the area available for viewing and floor plans are available upon request. Developer can recommend local lenders for readily available construction financing. Need professional management? Experience the industry's highest and best performing local leasing and management company, PIP Realty Group.
Property Features
Location Information
County: Cook
MLS Area: Chicago - Grand Boulevard
Township: Hyde Park
Interior Features
Total Rooms: 18
Bedrooms Above Grade: 9
Bedrooms Below Grade: 0
Bath Amenities: Double Sink, European Shower
Heating: Natural Gas, Forced Air
Basement Description: None
Total Number of Units: 3
Exterior Features
Style: Contemporary
Style: Contemporary
Is New Construction: Yes
Exterior: Brick, Stone
Foundation: Concrete Perimeter
Roof: Rubber
Water Source: Lake Michigan, Public
Septic or Sewer: Public Sewer
Has Garage: Yes
Garage Spaces: 3
Parking Spaces: 3
Lot Size: Less Than .25 Acre
Dimensions: 25 X 152
Zoning: MULTI
Garage Description: Detached, Garage Door Opener(s), Owned
Exterior Features: Balcony
School
High School District: CITY OF CHICAGO SCHOOL DIST 299
Additional Information
Possession: Closing
Property Type: RI
Property SubType: Residential Income
Property SubType 2: Two to Four Units
Year Built: 2023
Age: NEW Will Build to Suit
Parcel Number: 17343230410000
Status: Active
General Information: Commuter Bus, Commuter Train, Interstate Access
Tax Year: 2021
Built Before 1978: No
General Information: Commuter Bus, Commuter Train, Interstate Access
Double Wide: No
Income: 99,000
Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
Buyer Agency Compensation: 2.5% + $5, 000 BONUS FOR ANY CONTRACTS SIGNED BEFORE FEB. 29TH! Based on % of New Construction Base Price


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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© 2024 MRED LLC. All rights reserved.
Based on information submitted to the MLS GRID as of MRED LLC 2024. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Offer of compensation is made only to participants of the MLS where the listing is filed.


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MRED LLC data last updated at April 23, 2024 12:42 PM CT
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