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Property Description

Investor Special or First-Time Buyer Rehab Opportunity in the Roseland Community! Located in the heart of Chicago's historic Roseland neighborhood, 10223 S. Indiana Avenue is a two-bedroom, 1.1-bathroom Georgian-style brick home offering a fantastic opportunity for investors or buyers with a vision. This owner-occupied property is in need of rehab, making it ideal for those looking to create value through renovation or customization. Featuring classic brick construction and a traditional floor plan, this home offers solid bones and endless potential. The layout includes a spacious living room, formal dining area, two bedrooms, one full and one half bath, and a partially finished basement - all ready for transformation. Whether you're planning a flip, a long-term rental, or a personalized home project, this property is a blank canvas waiting for the right buyer. Set on a well-maintained block in Roseland, this property is close to schools, parks, public transportation, and major expressways - offering easy access to downtown and surrounding neighborhoods. With a minimum After Repair Value (ARV) of $265,000, this is a prime opportunity for savvy real estate investors or first-time homebuyers interested in using a 203(k) rehab loan or similar renovation mortgage program to finance both the purchase and upgrades. Don't miss your chance to hammer out your dream of homeownership or secure your next profitable investment project. 10223 S. Indiana Avenue offers the location, structure, and upside potential you've been searching for - all in one of Chicago's most resilient communities. Contact The ME Team at Coldwell Banker Realty today to schedule a private tour and explore your options for purchase, renovation, and long-term success.

Overview

Property Status
Sold
MLS ID
12406949
Property Type
Residential
Year Built
1942

Features & Amenities

Neighborhood
Chicago
Architecture Styles
Georgian
Water Source
Lake Michigan, Public
Roof
Rubber
Lot Features
Common Grounds
Parking
Off Alley, Off Street, Alley Access, On Site, Owned
Heat Type
Natural Gas
Air Conditioning
Central Air
Laundry Room
Gas Dryer Hookup, In Unit
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Sewer
Public Sewer
Substructure
Concrete Perimeter
School District
299
Sales Price
$115,000
Real Estate Tax
$1,276/yr

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10223 S Indiana Avenue

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for your interest in 10223 S Indiana Avenue, Chicago, IL 60628

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