$650,000

4823 S INDIANA Avenue, Chicago, IL 60615

  • 8 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1895
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
March 4, 2026 at 7:18AM
Listing Office:
Serene Realty, Inc. : 312-560-0208
Listing Agent:
Vadie Reese : 312-560-0208
MLS ID:
12574692
  • Basement: FinishedFullWalk-Out Access
  • Heating: Natural GasElectric
  • Parking: YesGarage OwnedDetachedGarageParking spaces: 2
  • Roofing: Rubber
  • General: Brick/MortarStone
  • HOA Amenities: Sidewalks
  • Originating MLS: mred
  • School District: 299
  • County: Cook
  • Zoning: MULTI20101090000000
  • Fencing: Fenced
  • Water: Lake Michigan
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Vadie Reese , Serene Realty, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beethoven Elementary School

25 W 47th St, Chicago, IL, 60609

Grades PK-8

0.35 miles away

B

Beethoven Elementary School

25 W 47th St, Chicago, IL, 60609

Grades PK-8

0.35 miles away

W

Williams Medical Preparatory High School

4934 S Wabash Ave, Chicago, IL, 60615

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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