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2605 S Indiana Ave Unit 501, Chicago, IL, 60616

$220,000

Home List Price

$2,613*

Closing Credit

2 Bedrooms
2 Full Baths
1,200 SqFt
$183/SqFt
Condo

Location

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2605 S Indiana Ave Unit 501, Chicago$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Off Street, Parking Lot, Secured
Year Built1971
HeatingNatural Gas
MLS #12189492
StatusActive

About 2605 S Indiana Ave Unit 501

This updated 2-bedroom, 2-bath, 2-balcony condo in Bronzeville is just blocks from McCormick Place and features expansive windows that fill the space with natural light. Both balconies offer south and west exposures, with the primary balcony providing stunning skyline views. The interior includes new stainless steel appliances, energy-efficient A/C units, updated light fixtures, fresh paint, and ample storage space throughout. The master bedroom has its own master bathroom and plenty of closet space, and the unit also comes with a storage locker. The building offers excellent amenities like a pool, gym, bike room, laundry room, and gated parking, with heat, cable, and high-speed internet included. Secure entry with a key card system and a 24/7 doorman ensures safety. Located near the lake, South Loop, public transportation, and major highways, this condo is a smart choice for those looking to own for less than renting, without the fear of rent hikes. Financing is available, and you can explore the unit in detail with our immersive VR 3D tour!

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 24
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: 3% Realty Prime
  • Office Phone: (773) 864-9898
  • Listing Agent: Mark Anthony Tiu

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Assigned, Off Street, Parking Lot, Secured

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Traveling on I-90/I-94 W. Take exit 51D for Congress Parkway toward Roosevelt Road. Merge onto Congress Parkway; it will turn into Roosevelt Road. Continue on Roosevelt Road for about 1 mile. Turn right onto S Indiana Ave. Drive a few blocks on S Indiana Ave. Your destination, 2605 S Indiana Ave, will be on the left. Turn right onto S Indiana Ave. Continue on S Indiana Ave for a few blocks. The destination, 2605 S Indiana Ave, will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $183/SqFt

HOA Fees:

  • Amount: $948
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,487
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Chicago, IL.

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Chicago, IL

City

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

2605 S Indiana Ave Unit 501 vs Chicago

30 DAYS ON ROCKET

-2 Days

$220,000

-$140.3K Less

$183/SqFt

-$77 Less

KEY TAKEAWAY

This property is $140.3K less than the Median Sold Price and $77/SqFt less than other homes in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12189492

Listing Office:

  • Office Name: 3% Realty Prime
  • Office Phone: (773) 864-9898
  • Listing Agent: Mark Anthony Tiu

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:15:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019$1,487$10,832
2018$1,461$10,832
2017$1,457$10,144

History based on county public records data.

Payment Calculator

$2,114

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-336921
5
/10

  • Univ of Chicago Charter-Donoghue

  • 707 E 37th St

  • 1.40 miles

  • Public Charter Grades PK-5

school-card-donut-336922
10
/10

  • Bronzeville Classical Elementary School

  • 8 W Root St

  • 1.78 miles

  • Public District Grades KG-4

school-card-donut-336923
5
/10

  • Robinson Elementary School

  • 4225 S Lake Park Ave

  • 2.26 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,024. Most Chicago, IL residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2605 S Indiana Ave Unit 501

What is the listing price of this property?

The listing price of 2605 S Indiana Ave Unit 501 property is $220,000.

What type of property is this?

The property 2605 S Indiana Ave Unit 501 is a condo located in Chicago, Illinois, 60616.

Is this property for sale now?

Active Listing: 2605 S Indiana Ave Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $1,487 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2605 S Indiana Ave Unit 501 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2605 S Indiana Ave Unit 501 is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2605 S Indiana Ave Unit 501 is 1971.

Rocket Homes›Illinois›Cook County›Chicago›60616›2605 S Indiana Ave Unit 501

This home is located at 2605 S Indiana Ave Unit 501 in Chicago, IL and zip code 60616 in the South Side neighborhood. This 1,200 square foot home was built in 1971. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $220,000.

Over 539 listings were sold over their listed price in October 2024 in Chicago, IL. In the same period over 919 listings were sold below the listed price and 337 listings were sold for the listed price. The number of homes for sale in Chicago, IL increased by 14.5% between September 2024 and October 2024. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.

From Rocket Homes Real Estate and based on county public records data.

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