Active

$650,000

4823 INDIANA

Chicago, IL 60615

8
Bedrooms
3
Bathrooms
Sq Ft
1895
Year Built

About This Property

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.

MLS# MRD12574692Listed 2/24/2026Residential Income

Property Details

Interior Features

Stories
Cooling
HeatingNatural GasElectric
Garage SpacesYesGarage OwnedDetachedGarage

Location & Exterior

CountyCook
Subdivision
Lot Size

School Information

Elementary
Middle School
High School

Property Location

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Property Summary

Price
$650,000
Location
Chicago, IL
Property Type
Residential Income
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Equal Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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