4823 S Indiana Ave

Chicago, IL 60615
  • $650,000

    Price
  • 8

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 87490 - 841065,840017

Opportunity is knocking in the heart of Bronzeville. This solid brick and stone gated 3-unit building offers the flexibility today's buyers are looking for, whether you're building a rental portfolio or creating a smart live-in investment strategy. The property features three units totaling approximately 8 bedrooms and 3 bathrooms, giving you options: rent all three, live in one and have all or part of your mortgage, or create a multi-generational setup. Recent updates including fresh paint and new carpeting add a clean, move-in ready feel, while the finished walk-out basement provides additional usable space for storage, expansion, or added value potential. The rear staircase allows convenient access to the upper unit and basement, creating a practical layout for both tenants and owners. Step outside to a spacious, fully fenced backyard, ideal for gatherings, outdoor enjoyment, or added tenant appeal. A detached 2.5 car garage adds even more functionality and convenience. Located just minutes from public transportation and the Dan Ryan Expressway, this property combines accessibility with long-term upside in one of Chicago's most established communities. Serious investors-this is your move. Opportunities like this in Bronzeville/Hyde Park do not sit. With strong income potential, flexible living options, and value-add upside, this building checks every box. Don't wait for someone else to claim it-schedule your private tour immediately and secure it before it's off the market. Property is being sold AS-IS.

Listing Highlights

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 12574692
Year Built 1895
Total Square Footage 0
Lot/Acreage 25X125
County Cook
School District 299

Interior Details

  • Bedrooms: 8
  • Bathrooms: 3 Full
  • Appliances: Ceiling Fan(s)
  • Air Cond:
  • Heating: Natural Gas,Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full,Walk-Out Access
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Roof: Rubber
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $9,881
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20101090000000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

4823 S Indiana Ave Chicago, IL 60615

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way