Closed

$594,990

4016 Indiana Avenue, Chicago, IL 60653
8 Beds3 Baths17 days
4016 Indiana Avenue·Chicago, IL 60653
8Bedrooms
3Bathrooms
1906Year Built
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.

MLS# 12701934Listed July 22, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms14

Size & Structure

Garage Spaces1
Year Built1906
Lot Size4025

Location

CountyCook
TownshipHyde Park
Zip Code60653

Financial

List Price$594,990
Annual Taxes (2023)$4,167
Monthly Tax Est.$347
Parcel #20031080180000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Stone

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

YesGarage OwnedDetachedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Schools
Elementary
Beethoven Elementary School
District: 299
High School
Phillips Academy High School
District: 299
Tax & Financial
Annual Taxes
$4,167
Tax Year 2023
Monthly Tax Est.
$347
per month
Property Location

4016 Indiana Avenue, Chicago, IL 60653 — Cook County

$594,990
4016 Indiana Avenue
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
17 days on market
1-car garage
4025
$4,167/yr taxes
$3,474
estimated monthly payment
Principal & Interest
$3,127/mo
Property Tax
$347/mo
$594,990
20% — $118,998
3%50%
6.875%
3%12%
Loan Amount
$475,992
Down Payment
$118,998

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Preferred Rlty
Agent: James Mattz
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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