Three-Unit Brick
For Sale
$650,000
Pending
4823 S INDIANA Avenue, Chicago, IL 60615
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market100
Property Features for 4823 S INDIANA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 8, Bathroom 3, Bedroom 6, Bedroom 3, Bedroom 5, Bedroom 2, Basement, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 7, Bathroom 1
Parking
2
Parking features
Garage
Patio and Porch features
Porch
Fencing
Fenced
Basement
Walk-Out Access, Full, Finished
Elementary school district
299
Middle school district
299
High school district
299
Directions
47TH ST E/W TO MICH. S TO 49TH E TO IND. N TO PROPERTY
Subdivision
CHI - Grand Boulevard
Standard status
Pending
APN
20101090000000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9881
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas
Amenities
gated
finished walk-out basement
fully fenced backyard
back porch and deck
Building Details
Year built
1895
Building materials
Brick, Stone
Roof type
Rubber
Listing Agency:
Serene Realty, Inc.
(312) 650-7940
Listed By:
Vadie Reese · License #475155216
(312) 848-2947
Added: May 15
Changed: Aug 21
Last Checked: Aug 22 at 2:06PM
MLS# 12649249
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.
Investment Insights
Based on property information with market context.
This gated triplex is a brick-and-stone multifamily building with three separate units, approximately 8 bedrooms, and 3 bathrooms. The property includes a finished walk-out basement, a fully fenced backyard, and a detached 2.5-car garage that provides covered parking and storage. A new rubber roof and rebuilt back porch and deck system are among the documented improvements. Heating is provided by electric and natural gas systems, with public sewer service.
Located in Chicago’s Bronzeville neighborhood, the property is near CTA Green Line and Red Line stations, bus routes, and the Dan Ryan Expressway, I-90/94. The surrounding area includes access to the Illinois Institute of Technology, the University of Chicago, McCormick Place, Hyde Park, the Bronzeville Walk of Fame, and 31st Street Beach. The building is fully occupied and offered as-is, with 48-hour notice required for showings.
Located in Chicago’s Bronzeville neighborhood, the property is near CTA Green Line and Red Line stations, bus routes, and the Dan Ryan Expressway, I-90/94. The surrounding area includes access to the Illinois Institute of Technology, the University of Chicago, McCormick Place, Hyde Park, the Bronzeville Walk of Fame, and 31st Street Beach. The building is fully occupied and offered as-is, with 48-hour notice required for showings.
Key Highlights
- Three separate units with approximately 8 bedrooms and 3 bathrooms
- Brick‑and‑stone construction dating to 1895
- Finished walk‑out basement for storage or additional use
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,339
Businesses Nearby
Explore this area
Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Gated multifamily property with separate residences, a finished walk-out basement, fenced yard, and detached garage.
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: Three separate units with approximately 8 bedrooms and 3 bathrooms; Brick‑and‑stone construction dating to 1895; Finished walk‑out basement for storage or additional use
