




4016 S Indiana Ave, Chicago, IL, 60653
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1906
Materials
- Construction materials: Stone
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Finished,Full
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heating features: Natural Gas,Forced Air
Property
Details
- Parcel number: 20031080180000
- Zoning: MULTI
- Special condition: None
Features
- Exterior features: Balcony
Lot
- Lot size: 4,025 sqft
Parking
- Total spaces: 1
- Parking features: Yes,Garage Owned,Detached,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
