4016 S Indiana Avenue
Chicago, IL, 60653
$594,990
8 Beds
3 Baths
0 SqFt
0 Acres
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$594,990
4016 S Indiana Avenue
Chicago, IL, 60653
MLS #MRD12701934 image #0MLS #MRD12701934 image #1MLS #MRD12701934 image #2MLS #MRD12701934 image #3MLS #MRD12701934 image #4MLS #MRD12701934 image #5MLS #MRD12701934 image #6MLS #MRD12701934 image #7MLS #MRD12701934 image #8MLS #MRD12701934 image #9MLS #MRD12701934 image #10MLS #MRD12701934 image #11MLS #MRD12701934 image #12MLS #MRD12701934 image #13MLS #MRD12701934 image #14MLS #MRD12701934 image #15MLS #MRD12701934 image #16MLS #MRD12701934 image #17MLS #MRD12701934 image #18MLS #MRD12701934 image #19MLS #MRD12701934 image #20MLS #MRD12701934 image #21MLS #MRD12701934 image #22MLS #MRD12701934 image #23MLS #MRD12701934 image #24
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.

Property Details

Price:
$594,990
MLS #:
MRD12701934
Status:
Active Under Contract
Beds:
8
Baths:
3
Type:
Multi Family
Neighborhood:
chigrandboulevard
Listed Date:
Jul 22, 2026
Year Built:
1906
Parking TotalChi – Grand BoulevardChigrandboulevardBeethoven Elementary SchoolPhillips Academy High School

Schools

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

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Stone
Exterior Features
Balcony
Garage Spaces
1
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
1
Parking Total
1

Financial

Tax Year
2023
Taxes
$4,167
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Aug 19, 2026
1,428
Multi Family Listed
82
Avg DOM
$527,622
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    4016 S Indiana Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60653. It is listed for $594,990 To schedule a showing of MLS#mrd12701934 at 4016 S Indiana Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4016 S Indiana Avenue
Chicago, IL