4016 S Indiana Avenue, Chicago, IL 60653
Local realty services provided by:CENTURY 21 New Heritage
4016 S Indiana Avenue,Chicago, IL 60653
$594,990
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: james mattz, chretien matz
Office: keller williams preferred rlty
MLS#:12701934
Source:MLSNI
Price summary
- Price:$594,990
About this home
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....
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Home facts
- Year built:1906
- Listing ID #:12701934
- Updated:July 30, 2026 at 08:28 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Basement Description:Finished, Full
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1906
- Exterior Features:Balcony
Schools
- High school:Phillips Academy High School
- Elementary school:Beethoven Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$594,990
- Tax amount:$4,167 (2023)
Parking
- Total parking spaces:1
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:1
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