Essex Realty Group Inc. has been exclusively engaged to market for sale 6800-02 S Indiana Ave, a beautiful 16-unit, walkup multifamily building. 6800 S Indiana is located in the Greater Grand Crossing neighborhood of Chicago’s southside and has been meticulously maintained since acquiring. The subject property is a (3) story walkup building consisting of four (4) one bedroom / one bathroom, and twelve (12) two bedroom / one bathroom apartments. The building is beautifully landscaped, secured entryways, has laundry facilities with coin operated machines, and 24-hour emergency maintenance services. This value add opportunity is an excellent investment for a multifamily investor to expand his portfolio with a well stabilized building. The property is available for purchase as a portfolio with the neighboring building at 6807 S Michigan Ave.
The Chicago south side neighborhood, Greater Grand Crossing, offers a wide range of housing styles, including new construction high rises, single-family homes, condominiums, lofts, town homes, bungalow-style homes and historic mansions. The region also boasts several historically-significant buildings and landmark districts, such as Kenwood District and Hyde Park-Kenwood Historic District. The area is primarily served by the Chicago Public School District. The University of Chicago is also located in Chicago South. Public transportation options for commuters include number CTA buses and ‘L’ trains, as well as Metra railways with transportation to Chicago’s Loop and nearby communities. Major highways also pass through the area, including the Dan Ryan Expressway, Chicago Skyway toll road and Lake Shore Drive. Cultural opportunities abound, with the Museum of Science and Industry, the Field Museum, John G. Shedd Aquarium, Adler Planetarium, the DuSable Museum of African American History, as well as art galleries and museums located in the area. The Chicago Park District also offers residents several public parks. Notable residents have included President Barack Obama.
- 16-Unit Walkup Building at The Corner of 68th & Indiana
- Prime Location in Greater Grand Crossing
- Significant Rental Upside
- Easy Access to I94 & I90, Red Line, and Green Line Stations