4016 S Indiana Avenue, Chicago, IL 60653

• 8 beds |
• 3 baths

Property Description

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.

Listing Status:

Active

Data Last Updated:

July 24, 2026 at 7:18AM

Listing Office:

Keller Williams Preferred Rlty : 708-249-3160

Listing Agent:

James Mattz : 708-249-3160

MLS ID:

12701934

Interior

• Basement: FinishedFull
• Heating: Natural GasForced Air

Exterior

• General: Balcony
• Parking: YesGarage OwnedDetachedGarageParking spaces: 1

Location

• HOA Amenities: SidewalksStreet LightsStreet Paved
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: MULTI20031080180000

Utilities

• Water: Lake Michigan
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple