4619 S Indiana Avenue
Chicago, IL, 60653
$499,900
6 Beds
5 Baths
0 SqFt
0 Acres
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$499,900
4619 S Indiana Avenue
Chicago, IL, 60653
MLS #MRD12312297 img 0MLS #MRD12312297 img 1MLS #MRD12312297 img 2MLS #MRD12312297 img 3MLS #MRD12312297 img 4MLS #MRD12312297 img 5MLS #MRD12312297 img 6MLS #MRD12312297 img 7MLS #MRD12312297 img 8MLS #MRD12312297 img 9
Prime Investment Opportunity in the Heart of Bronzeville! This classic Bronzeville Greystone at 4619 S Indiana comes with a buildable vacant lot at 4621 S Indiana, both included in the sale-a rare chance for investors and developers to expand or create something new. Zoned RM-5, this property offers endless possibilities, whether for multi-unit development, mixed-use space, or a modern redevelopment to complement the area’s rapid transformation. Fully occupied units with individual heating provide immediate income potential, while the surrounding area is booming with new construction projects. Bronzeville is undergoing a massive revitalization, with major developments like the four billion dollar Bronzeville Lakefront project bringing 8 million square feet of mixed-use space, including retail, office, and residential units. Additionally, the nearby Metropolis Pointe proposal and the Oakwood & Lake Park Redevelopment are adding hundreds of new residential units, driving demand for commercial and mixed-use spaces. The City of Chicago’s investment in infrastructure and the renovation of cultural landmarks like the South Side Community Art Center further solidify this area as a prime location for long-term growth and appreciation. Conveniently located near 90/94, CTA routes, shopping, and major attractions, this property is perfectly positioned for future development. Don’t miss this rare opportunity to own and build in one of Chicago’s most sought-after neighborhoods-schedule a viewing today!

Property Details

Price:
$499,900
MLS #:
MRD12312297
Status:
Active
Beds:
6
Baths:
5
Address:
4619 S Indiana Avenue
Type:
Multi Family
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Mar 14, 2025
State:
IL
ZIP:
60653
Year Built:
1895

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$28,436
Tax Year
2022
Taxes
$10,345
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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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4619 S Indiana Avenue
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