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4823 S Indiana Avenue Chicago, IL 60615

$650,000
Active / MLS# 12574692 / Multi Unit - Multiple / Chicago
8 Beds
3 Baths

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.

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Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email

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Mortgage Calculator

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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 2,457.36 per month $1,444.44 Principal & Interest $823.33 Property Tax $189.58 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Walk-Out Access
Garage: 2
Heating: Natural Gas, Electric
Lot Size: 0.07 Acres
Roof Type: Rubber
Taxes: $9,880
Year Built: 1895

Feature Descriptions

Exterior: Brick, Stone
Lot Dimensions: 25X125
Other Equipment: Ceiling Fan(s)
Parcel#: 20101090000000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 13
Township: Hyde Park
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Serene Realty, Inc.

Listing Office Phone: 312-650-7940



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