Description from Fannie Mae HomePath
14700 INDIANA Avenue, Dolton, IL 60419. 10 bed | 10 bath | built 1972 | 8,276 sq ft lot. Unlock the Potential. Build the Income. Create the Value. Calling all investors searching for their next income-producing opportunity! This six-unit brick apartment building offers the ideal foundation for a value-add investment strategy. Featuring four 2-bedroom units and two 1-bedroom units this property presents an opportunity to reposition and stabilize an asset with significant upside potential. Bring your renovation plans and vision to maximize the property's earning potential. With thoughtful updates and improvements, new ownership can work toward increasing rental appeal while creating a stronger long-term income-producing asset. Rear parking adds convenience for residents, enhancing the property's overall functionality and appeal. Conveniently located along a well-traveled corridor in Dolton, the property offers easy access to I-94, I-57, Pace bus service, the Metra Electric District, shopping, dining, parks, and everyday conveniences, making it an attractive location for future residents and supporting long-term rental demand. Opportunities to acquire a six-unit building with this unit mix are not always available. Whether you're looking to expand your portfolio, execute a value-add renovation, or create a stabilized multifamily investment with strong residual income potential, this property is ready for its next chapter. Bring your vision, unlock the possibilities, and transform this asset into a performing investment.
