Timber Triplex Under $700K With Rooftop Deck in South Loop: 1727 S Indiana Ave Apt 416, Chicago, IL 60616

Property Snapshot: 1727 S Indiana Ave Apt 416, Chicago, IL 60616

Address: 1727 S Indiana Ave Apt 416, Chicago, IL 60616
Price: $699,900 (Pricing and availability subject to change)
Bedrooms: 3
Bathrooms: 3
Size: 2,200 Sq Ft
Property Type: Condo / Timber Triplex
Parking: Parking available in neighboring lot for $205/month, with one transferable space and no waiting list
Presented by: Brian Caron | The Cory Tanzer Group | Option Premier | briancaron@optionpremier.com | (312) 802-8095 | License: 417.017757

This one-of-a-kind timber triplex in South Loop offers a rare combination of 3 bedrooms, a dedicated office, 3 full bathrooms, and 2,200 square feet of thoughtfully designed living space. Soaring 17-foot ceilings, rich hardwood floors, and dramatic timber character create a warm and distinctive atmosphere, while the expansive layout gives the home the feel of a true city retreat.

The home is designed for both comfort and entertaining, featuring a chef’s kitchen with solid cherry wood cabinetry, built-in wine storage, double ovens, and updated appliances, including a newer refrigerator and dishwasher. The top level is dedicated to a private primary suite with a walk-in closet and spa-inspired en-suite bath with dual vanities, soaking tub, and separate shower. A standout feature is the private rooftop deck, offering a rare outdoor escape above the city.

Recent upgrades include a new HVAC system in 2021, a newer water heater, and a washer and dryer replaced in 2024, adding peace of mind for the next owner. The building is investor-friendly with no rental cap and is pet-friendly. Located near the lakefront, Soldier Field, Museum Campus, parks, transit, and major highways, this home offers exceptional access to Chicago’s best attractions. Buyers should note the building is currently non-warrantable for conventional financing, with cash and commercial loan options acceptable.

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