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4016 S Indiana Avenue , Chicago, IL 60653

$594,900
  • 4016 S Indiana Avenue , Chicago, IL 60653 Main Photo

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New to the Market New
BEDS8 BATHS3 full MLS#12701934
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Outstanding opportunity to own a solid multi-unit building in the heart of Bronzeville/Grand Boulevard, one of Chicago's most dynamic and evolving neighborhoods. Located on THEE sought-after South Indiana Avenue, this property offers the flexibility and potential that today's investors and owner-occupants are seeking. The building features spacious 3-bedroom units on both the first and second floors, along with a finished lower level offering additional bedroom and bathroom space. The versatile layout provides multiple options for income generation, including long-term rentals, owner-occupancy with supplemental rental income, or future value-add opportunities. Additional highlights include a garage, on-site parking, and separate tenant-paid utilities, enhancing operational efficiency and investment appeal. Ideally situated near the South Loop, Lake Michigan, downtown Chicago, Hyde Park, public transportation, and major ongoing neighborhood development, this property is well-positioned for both current income and long-term appreciation potential. A rare opportunity for investors and owner-occupants alike to secure a property in one of Chicago's most historic and revitalized communities. Buyer to independently verify zoning, unit legality, rents, taxes, leases, expenses, and all MLS information.

4016 S Indiana Avenue | MLS# 12701934

This multi-family property located at 4016 S Indiana Avenue , Chicago, IL 60653 is currently listed for sale with an asking price of $594,900. S Indiana Avenue is located within the District 299 school district. Search Chicago real estate on cparis.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 1
Heating: Natural Gas, Forced Air
Lot Size: 4,025
Taxes: $4,167
Year Built: 1906

Feature Descriptions

Exterior: Stone
Lot Dimensions: 4025
Parcel#: 20031080180000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 14
Township: Hyde Park
Water: Lake Michigan

Local Schools

High School: Phillips Academy High School
Elementary School: Beethoven Elementary School
School District: District 299

Listed By / Shown By

Listed By

Agency Name: Keller Williams Preferred Rlty
Agency Phone: 708-798-1111

Shown By

Agent Name: Connie Paris
Agent Phone: (815) 222-6076
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,222.98 per month $2,702.22 Principal & Interest $347.25 Property Tax $173.51 Homeowner's Insurance

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