4823 S Indiana Avenue, Chicago, IL 60615
Local realty services provided by:ERA Naper Realty
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.
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Home facts
- Year built:1895
- Listing ID #:12574692
- Added:1 day(s) ago
- Updated:February 24, 2026 at 07:43 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
Heating and cooling
- Heating:Electric, Natural Gas
Structure and exterior
- Roof:Rubber
- Year built:1895
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$650,000
- Tax amount:$9,881 (2024)
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