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    Three-Unit Multi-Family Building Title is generated by Realmo AI

    4823 S INDIANA Avenue, Chicago, IL 60615

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    For Sale
    $650,000

    MULTI_FAMILY - Chicago, IL

    Added:
    May 15, 2026
    Days on Market:
    53
    Last Refresh:
    Jul 6 at 12:06 am

    Property Features for 4823 S INDIANA Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI
    Bedrooms
    8
    Bathrooms
    3
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 7, Basement, Bedroom 1, Bedroom 8, Bathroom 1
    Parking
    2
    Parking features
    Garage
    Patio and Porch features
    Porch
    Fencing
    Fenced
    Basement
    Walk-Out Access, Finished, Full
    Standard status
    Active
    APN
    20101090000000

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    9881

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Natural Gas

    Building Details

    Year built
    1895
    Building materials
    Brick, Stone
    Roof type
    Rubber

    We can help!

    Contact an agent
    Vadie Reese

    Listing agent Vadie Reese License #475155216

    Listing office Serene Realty, Inc. 2600 S Michigan Ave STE 102, Chicago, IL

    Listing date May 15, 2026

    MLS# 12649249 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Gated 3‑unit brick and stone multi‑family building built in 1895
    • Approximately 8 bedrooms and 3 bathrooms across three separate units
    • Recent capital improvements: new roof and completely rebuilt back porch and deck system
    • Finished walk‑out basement for usable tenant storage, recreation, or future expansion
    • Fully fenced backyard plus detached 2.5‑car garage for covered parking and extra storage
    • Public sewer; heating includes electric and natural gas; parking includes a garage

    Overview

    A three-unit multi-family building constructed of brick and stone, offered for sale in an AS-IS condition. The property includes three separate units with a total of approximately 8 bedrooms and 3 bathrooms. A finished walk-out basement provides additional usable space that can support tenant storage or other flexible uses. Outside, the property features a fully fenced backyard for private outdoor space. A detached 2.5-car garage adds covered parking and additional storage. Recent capital improvements include a new roof and a completely rebuilt back porch and deck system.

    The building is located in Chicago’s Bronzeville neighborhood on the South Side, at 4823 S Indiana Avenue. Tenant access is supported by nearby transit options, including CTA Green Line and Red Line stations, along with multiple bus routes. The Dan Ryan Expressway (I-90/94) is described as minutes away, supporting convenient connectivity for residents throughout the area. The listing also notes proximity to Bronzeville Walk of Fame along Martin Luther King Drive and the 31st Street Beach on Lake Michigan.

    For tenants and owners, this setup supports flexible occupancy options, including leasing all three units for rental income or occupying one unit while collecting rent from the others. With the finished basement and detached garage, the property offers practical space for day-to-day living and tenant needs. The building is fully occupied, and the listing indicates a 48-hour notice requirement for showings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    HVAC Service Kitchen & Bath Showroom Acupuncture Florist Pet Store Pet Store & Service Restaurant Nursing Home Adult Day Care Law Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.620712
    Latitude
    41.806767

    FAQs

    What type of property is this?
    Triplex - Three-unit brick-and-stone property with fenced yard, walk-out basement space, and a detached 2.5-car garage for tenant parking and storage.
    Where is this triplex located?
    The property is located at 4823 S INDIANA Avenue Chicago, IL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Gated 3‑unit brick and stone multi‑family building built in 1895; Approximately 8 bedrooms and 3 bathrooms across three separate units; Recent capital improvements: new roof and completely rebuilt back porch and deck system
    More about this property
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