4823 S Indiana Avenue, Chicago, IL 60615
Local realty services provided by:Better Homes and Gardens Real Estate Connections
4823 S Indiana Avenue,Chicago, IL 60615
$650,000
- 8 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: vadie reese, elijah reese
Office: serene realty, inc.
MLS#:12574692
Source:MLSNI
Price summary
- Price:$650,000
About this home
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....
Contact an agent
Home facts
- Year built:1895
- Listing ID #:12574692
- Added:18 day(s) ago
- Updated:March 15, 2026 at 10:46 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:13
- Basement:Yes
- Basement Description:Finished, Full
Heating and cooling
- Heating:Electric, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1895
- Foundation Description:Brick/Mortar, Stone
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Tax amount:$9,881 (2024)
Features and amenities
- Amenities:Ceiling Fan(s)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
New listings near 4823 S Indiana Avenue
- New
$225,000Active2 beds 2 baths1,002 sq. ft.6400 N Ridge Boulevard #402, Chicago, IL 60626
MLS# 12364624Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$25,000Active0 Acres738 S Karlov Avenue, Chicago, IL 60624
MLS# 12592377Listed by: REALISTIC REALTY LLC - New
$375,000Active9 beds 6 baths1116 S California Avenue, Chicago, IL 60612
MLS# 12591723Listed by: HOMESMART CONNECT LLC - New
$159,900Active-- beds 1 baths500 sq. ft.3149 W Wellington Avenue #1, Chicago, IL 60618
MLS# 12592661Listed by: DEVON REALTY, INC. - New
$59,000Active5 beds 2 baths519 W 66th Street, Chicago, IL 60621
MLS# 12592671Listed by: REAL BROKER, LLC - New
$705,000Active3 beds 3 baths1,516 sq. ft.2328 W Rice Street #2, Chicago, IL 60622
MLS# 12579760Listed by: KELLER WILLIAMS ONECHICAGO - New
$440,000Active2 beds 2 baths1,350 sq. ft.33 W Ontario Street #20A, Chicago, IL 60654
MLS# 12586935Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$260,000Active6 beds 2 baths66 E 100th Street, Chicago, IL 60628
MLS# 12592642Listed by: KELLER WILLIAMS INFINITY - New
$39,900Active0.06 Acres711 N Ridgeway Avenue, Chicago, IL 60624
MLS# 12592664Listed by: ADREANI REALTY INC - New
$389,900Active4 beds 3 baths3,230 sq. ft.3143 S Giles Avenue, Chicago, IL 60616
MLS# 12591764Listed by: PARKVUE REALTY CORPORATION