Property summary
This exceptional 24,182 square foot office building, located at 3112 S Indiana Ave in Chicago, IL, presents a significant investment opportunity. Currently zoned B1-3 Neighborhood Shopping District, this property offers a versatile development potential. The building features 64 units and is priced at $1,700,000, translating to $70.30 per square foot. Its prime location in Cook County, zip code 60616, provides easy access to various amenities and transportation. The permitted zoning allows for a range of uses, including residential, mixed-use, retail, and office spaces, making it an ideal canvas for redevelopment or adaptive reuse. The property's substantial size and flexible zoning regulations make it an attractive prospect for investors seeking to capitalize on Chicago's dynamic real estate market. The APN is 17-34-102-045. This is a rare chance to acquire a large-scale property in a thriving neighborhood with significant upside potential. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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