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4016 S Indiana Avenue Chicago, IL 60653

$594,990
New / MLS# 12701934 / Multi Unit - Multiple / Chicago
8 Beds
3 Baths

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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Baird & Warner Jack Persin Agent Cell: 630.240.4282 Email

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Estimated Payment

$ 1,842.99 per month $1,322.20 Principal & Interest $347.25 Property Tax $173.54 Homeowner's Insurance
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Property Details

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

Schools

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

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Keller Williams Preferred Rlty

Listing Office Phone: 708-798-1111



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