LKV Realty
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$594,990
$2,900Reward *
4016 S Indiana Avenue, Chicago, IL 60653Listing ID 12701934

4016 S Indiana Avenue, Chicago, IL 60653

Contingent
CHI - Grand Boulevard
Time on site: 25 daysLast updated: 2 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
3
Days on Site
Days on Site
19
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1906
Garages
Garages
1
Parking
Parking
Yes, Garage Owned, Detached, Garage

Outstanding opportunity to own a solid multi-unit building in the heart of Bronzeville/Grand Boulevard, one of Chicago's most dynamic and evolving neighborhoods. Located on THEE sought-after South Indiana Avenue, this property offers the flexibility and potential that today's investors and owner-occupants are seeking. The building features spacious 3-bedroom units on both the first and second floors, along with a finished lower level offering additional bedroom and bathroom space. The versatile layout provides multiple options for income generation, including long-term rentals, owner-occupancy with supplemental rental income, or future value-add opportunities. Additional highlights include a garage, on-site parking, and separate tenant-paid utilities, enhancing operational efficiency and investment appeal. Ideally situated near the South Loop, Lake Michigan, downtown Chicago, Hyde Park, public transportation, and major ongoing neighborhood development, this property is well-positioned for both current income and long-term appreciation potential. A rare opportunity for investors and owner-occupants alike to secure a property in one of Chicago's most historic and revitalized communities. Buyer to independently verify zoning, unit legality, rents, taxes, leases, expenses, and all MLS information.

Property Information

Property Details

Location

Address
4016 S Indiana Avenue
County
Cook
City
Chicago
Zip Code
60653
Subdivision
CHI - Grand Boulevard
School District
299
High School
Phillips Academy High School
Elementary School
Beethoven Elementary School
MLS Area
CHI - Grand Boulevard

Interior Features

Beds and Baths

Bedrooms
8

Building

Building Information

Year Built
1906
Construction
Stone

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$4,167
Tax Year
2023
Keller Williams Preferred Rlty, (708) 798-1111

Market Report for 60653

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 01:42 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD506455 • MRD244688