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    4908 S Indiana Ave Chicago, IL 60615

    For Sale
    Contact for pricing

    Auction - Chicago, IL

    Lot size:
    0.09 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for 4908 S Indiana Ave

    General Information

    Special listing conditions
    Real Estate Owned
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Real Estate Owned
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    20101140160000
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1898
    Architectural style
    Other

    ParkVue Realty Corporation (312) 788-4040 [email protected]

    Listing agent Anthony Disano (312) 788-4040 License #471010606

    Listing date Nov 17, 2025

    MLS# 12290878 Listing URL

    Copyright © 2025 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.

    Overview

    Bronzeville 3-Flat Renovation Opportunity

    This is a rarely available legal 3-flat located in the heart of Bronzeville, Chicago. The property is situated in a prime location, offering close proximity to Washington Park, I-90, and various transportation options. The building has sustained extensive fire damage and requires a complete renovation. The buyer will be subject to open violations, code compliance requirements, and a housing case. The property is being sold strictly as-is, and only cash or renovation loans will be considered. The lot size is 0.09 acres.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6215971
    Latitude
    41.8052728

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    FAQs

    What type of property is this?
    Apartment building - Legal 3-flat in Bronzeville requiring full renovation.
    Where is this apartment building located?
    The property is located at 4908 S Indiana Ave Chicago, IL.
    What are key features of this property?
    This property features: - Legal 3-flat in Bronzeville; - Prime location near Washington Park, I-90, and transportation; - Opportunity for full renovation
    (312) 788-4040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4908 S Indiana Ave Chicago, IL 60615
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