11317 S Indiana Avenue

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11317 S Indiana Avenue

Chicago, IL 60628
Asking Price
$206K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Chicago
  • Located within the 60628 zip code area of Illinois
  • Asking price for the property is set at $205,999
  • Asset provides residential rental space in a dense market
  • Suitable for investors looking to expand a residential portfolio

What's Special

This multifamily apartment building at 11317 S Indiana Avenue in Chicago is available for sale, presenting a steady acquisition option for real estate investors focused on the residential sector. The property serves the local housing market within the 60628 zip code area of Chicago, providing essential inventory for the dense urban landscape. Investors can leverage this asset to address the ongoing demand for rental units in a well-established city market characterized by diverse economic drivers and consistent population growth. Strategically positioned to offer value to a portfolio, this asset supports various residential occupancy strategies. The building provides a functional footprint suitable for professional management and long-term rental income generation. Chicago remains a central hub for Midwest commerce and infrastructure, offering a resilient environment for residential real estate development and investment. Prospective buyers should note the proximity to major arterial routes and local transit networks that define the connectivity of this specific south side neighborhood.

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NOI
$80,000
Cap Rate
38.84%
DSCR
6.54
Strong
Cash-on-Cash
109.66%
Monthly Payment
$1,019.171
Annual Cash Flow
$67,769.952

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