10755 S Indiana Avenue, Chicago, IL 60628

Investors!!! Assume the mortgage at 5.5%. You heard me correctly. ASSUME THE MORTGAGE AT 5.5%!!!!!!! The owner of this stately frame multi-unit building with impressive front porch and second floor balcony says it is time to sell.In the same family for more than six decades! Owner has in the last two years has spent tens of thousands of dollars to put on a new tear-off roof, two furnaces with all the ductwork, updated bathroom in the 1st floor unit, updated living room and dining room in the second floor unit. Double lot with 6 foot privacy fence completely surrounding the property perfect for tenant's recreation and play. Oversized 2.5 car garage. Three meters for gas and electric, so tenants pay for their utilities!!. Home still needs some work, however even if you invested an additional $50K in the property and bought at list price, you could enjoy an estimated 11.7% CAP rate when fully rented. With the ASSUMABLE MORTGAGE, you need to hurry and call your Realtor to schedule your showing TODAY!