4016 S Indiana Avenue
Chicago, IL 60653
8
Bed
3
Bath
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
Property Details
Map
Map
Features
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Bedroom Information
Total Bedroom: 8Bathroom Information
Total Baths: 3Room Information
Rooms Total: 14 -
Flooring Information
Construction Materials: Stone -
Heating & Cooling
Heating: Natural Gas, Forced Air WaterSource: Lake Michigan
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Building Information
Year Built: 1906 -
Exterior Features
Balcony Construction Materials: Stone
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Lot Information
Lot Dimensions: 4025 Lot Size: Standard Chicago LotProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
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Listing Price Information
Original List Price:$594900
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Tax Information
Annual Tax: $4167 Tax Year: 2023 Parcel Number: 20031080180000
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Parking Information
Total Parking: 1 Yes, Garage Owned, Detached, Garage Is Parking Included in Price: YesGarage Information
Garage Space: 1
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School Information
Elementary School: Beethoven Elementary School Senior High School: Phillips Academy High School -
Utility Information
Sewer: Public Sewer Water Source: Lake Michigan -
Location Information
City: Chicago Direction: From E 39th St and S Indiana Ave, go South on S Indiana Ave to property at 4016 S Indiana Ave
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3761 S Lake Park Avenue, Chicago, IL, 60653 | $639,900 | 5 | 3 | 2,556 | 2,556 SqFt |
| 3761 S Lake Park Avenue, Chicago, IL, 60653 | $639,900 | 5 | 3 | -- | |
| 543 E 43rd Street #2E, Chicago, IL, 60653 | $319,999 | 3 | 2 | 1,600 | 1,600 SqFt |
| 4321 S Ellis Avenue #2, Chicago, IL, 60653 | $320,000 | 3 | 2 | 1,800 | 1,800 SqFt |
| 4351 S Vincennes Avenue.., Chicago, IL, 60653 | $435,000 | 3 | 2 | 1,500 | 1,500 SqFt |
| 4417 S Calumet Avenue #2S, Chicago, IL, 60653 | $250,000 | 2 | 2 | 1,200 | 1,200 SqFt |
| 4316 S Michigan Avenue .., Chicago, IL, 60653 | $499,900 | 3 | 3 | 2,800 | 2,800 SqFt |
| 4345 S Indiana Avenue #4S, Chicago, IL, 60653 | $300,000 | 3 | 2 | 1,570 | 1,570 SqFt |
| 3735 S Lake Park Avenue.., Chicago, IL, 60653 | $350,000 | 3 | 3 | 1,600 | 1,600 SqFt |
| 4557 S Prairie Avenue, Chicago, IL, 60653 | $719,000 | 4 | 4 | 2,100 | 2,100 SqFt |
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ByOwner last updated this listing 07/22/2026 @ 18:20
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