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3762 S Indiana Ave 3 Unit Apartment Building $1,288,000 ($429,333/Unit) Chicago, IL 60653
Investment Highlights
- Newly built in 2022 with three fully leased units, each offering three bedrooms and three bathrooms.
- Private outdoor spaces and maintenance-free decking for each unit.
- Located near major transit lines, Illinois College of Optometry, and easy access to downtown Chicago.
- Premium finishes throughout, including custom kitchens, spa-inspired baths, and open-concept layouts.
- Three-car garage providing secure and convenient parking.
Executive Summary
This newly constructed three-unit building in the heart of Bronzeville offers a rare opportunity for investors and owner-occupants seeking strong income potential and modern living. Each of the three expansive units features three bedrooms and three full bathrooms, designed with open layouts and premium finishes to meet today’s lifestyle demands. The property is fully leased, generating consistent cash flow from day one, while also presenting future upside through appreciation and potential rent growth.
The building includes a highly desirable three-car garage, private outdoor spaces, and maintenance-free decking. Kitchens are equipped with high-end appliances and custom cabinetry, while spa-like bathrooms and European shower designs elevate the living experience. Located near major transportation routes, including the Dan Ryan Expressway, and within proximity to downtown Chicago, Illinois College of Optometry, and public transit, this property combines convenience with long-term investment appeal.
The building includes a highly desirable three-car garage, private outdoor spaces, and maintenance-free decking. Kitchens are equipped with high-end appliances and custom cabinetry, while spa-like bathrooms and European shower designs elevate the living experience. Located near major transportation routes, including the Dan Ryan Expressway, and within proximity to downtown Chicago, Illinois College of Optometry, and public transit, this property combines convenience with long-term investment appeal.
Property Facts
| Price | $1,288,000 | Building Class | B |
| Price Per Unit | $429,333 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 5,400 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $1,288,000 |
| Price Per Unit | $429,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 5,400 SF |
| No. Stories | 3 |
| Year Built | 2022 |
| Opportunity Zone |
Yes |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 17-34-323-041-0000 | Improvements Assessment | $84,579 |
| Land Assessment | $16,421 | Total Assessment | $101,000 |
Property Taxes
Parcel Number
17-34-323-041-0000
Land Assessment
$16,421
Improvements Assessment
$84,579
Total Assessment
$101,000
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3762 S Indiana Ave
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