4823 S INDIANA Avenue
Chicago, IL, 60615
$650,000
8 Beds
3 Baths
0 SqFt
0 Acres
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$650,000
4823 S INDIANA Avenue
Chicago, IL, 60615
MLS #MRD12574692 image #0MLS #MRD12574692 image #1MLS #MRD12574692 image #2MLS #MRD12574692 image #3MLS #MRD12574692 image #4MLS #MRD12574692 image #5MLS #MRD12574692 image #6MLS #MRD12574692 image #7MLS #MRD12574692 image #8MLS #MRD12574692 image #9MLS #MRD12574692 image #10MLS #MRD12574692 image #11MLS #MRD12574692 image #12MLS #MRD12574692 image #13MLS #MRD12574692 image #14MLS #MRD12574692 image #15MLS #MRD12574692 image #16MLS #MRD12574692 image #17MLS #MRD12574692 image #18MLS #MRD12574692 image #19MLS #MRD12574692 image #20MLS #MRD12574692 image #21MLS #MRD12574692 image #22MLS #MRD12574692 image #23
Opportunity is knocking in the heart of Bronzeville. This solid brick and stone gated 3-unit building offers the flexibility today’s buyers are looking for, whether you’re building a rental portfolio or creating a smart live-in investment strategy. The property features three units totaling approximately 8 bedrooms and 3 bathrooms, giving you options: rent all three, live in one and have all or part of your mortgage, or create a multi-generational setup. Recent updates including fresh paint and new carpeting add a clean, move-in ready feel, while the finished walk-out basement provides additional usable space for storage, expansion, or added value potential. The rear staircase allows convenient access to the upper unit and basement, creating a practical layout for both tenants and owners. Step outside to a spacious, fully fenced backyard, ideal for gatherings, outdoor enjoyment, or added tenant appeal. A detached 2.5 car garage adds even more functionality and convenience. Located just minutes from public transportation and the Dan Ryan Expressway, this property combines accessibility with long-term upside in one of Chicago’s most established communities. Serious investors-this is your move. Opportunities like this in Bronzeville/Hyde Park do not sit. With strong income potential, flexible living options, and value-add upside, this building checks every box. Don’t wait for someone else to claim it-schedule your private tour immediately and secure it before it’s off the market. Property is being sold AS-IS.

Property Details

Price:
$650,000
MLS #:
MRD12574692
Status:
Active
Beds:
8
Baths:
3
Type:
Multi Family
Neighborhood:
chigrandboulevard
Listed Date:
Feb 24, 2026
Year Built:
1895
Chi – Grand BoulevardChigrandboulevard

Schools

School District:
299

Interior

Heating
Natural Gas, Electric

Exterior

Community Features
Sidewalks
Construction Materials
Brick, Stone
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Roof
Rubber

Financial

Tax Year
2024
Taxes
$9,881
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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 Feb 26, 2026
1,232
Multi Family Listed
91
Avg DOM
$484,139
Avg List Price

Community

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Property Summary

    4823 S INDIANA Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60615. It is listed for $650,000 To schedule a showing of MLS#mrd12574692 at 4823 S INDIANA Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4823 S INDIANA Avenue
Chicago, IL