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5526 S Indiana Avenue - Luxury Apartments of Washington Park, Chicago, IL
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5526 S Indiana Avenue - Luxury Apartments of Washington Park
Chicago, IL 60637-1063 - Washington Park MF Submarket
Number of Units:
.18 AC (8,050 SF)
For Sale Price:
.96 Parking Spaces / 1,000 SF
5526-28 S. Indiana is an eight-unit (8) center entrance building located in Chicago's Washington Park neighborhood. The property consists of five 3-bedroom, 2-bath, one 3-bedroom 2.5 bath, and two 2-bedroom, 2-bath units. The property underwent a massive reconstruction in 2008, retaining only the masonry exterior. All electrical, plumbing, HVAC, porch and IT systems were replaced. From the tear-off roof down to a newly poured basement floor and beautifully landscaped grounds, no detail was overlooked.
This property is being offered for sale at a price well below its replacement cost creating a unique opportunity for prospective buyers. In addition to the high-quality renovations, the property boasts a high quality tenant base with all tenants gainfully employed with professional institutions including medical offices, construction companies and the University of Chicago.
The neighborhood's namesake, Washington Park, a 366 acre park, is a short walk from the building. Tenants have access to two gymnasiums, a fitness center, dance studio, game rooms, after-school programs, an aquatic center and live music shows. The University of Chicago, also located near the property, plays a large part in the growth of the area.
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FOR SALE CONTACTS
Monarch Realty Partners
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