4823 S Indiana Avenue, Chicago, IL 60615

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
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#:12649249
Source:MLSNI

Price summary

  • Price:$650,000

About this home

Investment grade 3-unit brick and stone multi-family building in Chicago's historic Bronzeville neighborhood. This gated 3-flat offers approximately 8 bedrooms and 3 bathrooms across three separate units; ideal for rental portfolio builders, house hackers, and owner-occupants seeking flexible South Side Chicago real estate with immediate cash-flow potential and long-term value-add upside. Each unit provides spacious living quarters, giving the next owner the flexibility to lease all three units for full rental income, occupy one unit while collecting rents to assist or cover the mortgage, or configure the property for a multi-generational living arrangement. Recent capital improvements include a new roof and a completely rebuilt back porch and deck system, reducing near-term repair exposure for incoming investors. The finished walk-out basement adds usable square footage suited for tenant storage, future expansion, or a recreation room, a built-in value-add lever for the next owner. ...

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Home facts

  • Year built:1895
  • Listing ID #:12649249
  • Updated:June 26, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:13
  • 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
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