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    7928-30 S Indiana Ave Chicago, IL 60619

    Sponsored
    For Sale
    $450,000

    MULTI_FAMILY - Chicago, IL

    Lot size:
    0.15 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 7928-30 S Indiana Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 5, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 8, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    8
    APN
    20341020290000
    Lot size
    0.15 Acres

    Building Details

    Year built
    1930
    Floors in Building
    3
    Number of units
    6

    Exit Strategy Realty (312) 493-0920 [email protected]

    Listing agent Ja'Mal Green (312) 554-5478

    Listing date Jan 9, 2026

    MLS# 12539490 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.

    Overview

    Chicago Multifamily Investment Opportunity

    This is a 6-unit income property located in Chicago, IL. The property is situated on a 0.15-acre lot. It features a strong rental layout and stable tenancy. The rents are positioned below market, presenting an opportunity for a new owner to increase value through gradual rent increases. This asset is suitable for investors seeking a low-maintenance acquisition with long-term upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.620221
    Latitude
    41.750114

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    FAQs

    What type of property is this?
    Apartment building - Solid 6-unit income property with cash flow and upside.
    Where is this apartment building located?
    The property is located at 7928-30 S Indiana Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Dependable cash flow from a 6-unit income property.; - Potential for increased rental income by raising rents to market rates.; - Stable tenancy ensures consistent income.
    (312) 493-0920
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    7928-30 S Indiana Ave Chicago, IL 60619
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    Chicago, IL 60619
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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
    7928-30 S Indiana Ave Chicago, IL 60619
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