7035-37 S Indiana Avenue Chicago, IL $ 525,000
7035-37 S Indiana Avenue
$ 525,000
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7035-37 S Indiana Avenue

Chicago, IL, 60637
$ 525,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 3,275

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Multi-Family Home for sale in Chicago, IL

for $525,000 with 3 bedrooms. This home was built in 1927.

This beautifully maintained 6-unit building in the heart of Greater Grand Crossing offers the perfect chance to live in one unit and let your tenants pay the mortgage. With (3) 2 bed / 1 bath and (3) 1 bed / 1 bath units plus a garden apartment, this property provides flexibility and value for today's savvy buyer. Move into the spacious third-floor owner's unit and enjoy the pride of ownership while collecting reliable rental income. Whether you're seeking an investment that grows with you or a place to call home while building wealth, this property delivers endless opportunity in a strong Chicago neighborhood. Long-term tenants - several have been in place for nearly 20 years. Brand new roof (2024). Porch rebuilt (2022). Gas boiler & water heater in excellent condition. 3-car brick garage, secure wrought-iron fence, and laundry area. Excellent location near I-94, the Red Line, and CTA bus routes - making commutes downtown a breeze.

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Multi-Family Contingent

Price

$ 525,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 4,226

Style

Multi-Family

Year Built

1927

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12469671

Features
General
Possession Negotiable
Zoning MULTI
Year Built 1927
Tenant Pays Electricity
Stories Count 3
Tax Year 2023
Current Use Multi-Family
Gross Income 45660
County Cook
Net Operating Income 27462
Operating Expense 26880
Insurance Expense 5100
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 2000
Status Contingent
Directions 69th Street East/West to Indiana South to address 7035-37 Indiana.
City Chicago
Number Of Units Total 6
MLS Area CHI - Greater Grand Crossing
Tax Annual Amount 4226.66
Electric Expense 1110
Fuel Expense 2400
Trash Expense 2400
Water Sewer Expense 2500
Additional Parcels Y/N N
Virtual Tour https://www.zillow.com/view-imx/4d74131b-fb2f-4ce6-8c4c-78bb38d02e90?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active Under Contract
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Interior
Basement Unfinished
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Exterior
Lot Dimensions 8700
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* Excluded Features
List By
Exit Strategy Realty

Broker

stepsincconsulting@gmail.com

Email

Affordability Calculator

$3,627
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$352
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2025$525,000 Listed Price

Map


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7035-37 S Indiana Avenue, Chicago, IL, 60637 is a Multi-Family Home for sale at $525,000. 7035-37 S Indiana Avenue has 3 bedrooms, 0.0 baths, and was built in 1927. The property's zip code is 60637 which is in Chicago, IL