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Six-Unit Multifamily Condo Portfolio
New
For Sale
$1,450,000

4012 S Indiana Avenue, Chicago, IL 60653

Updated condominium residences offer varied layouts, private outdoor space, garage parking, and modern in-unit finishes.

Property SizeContact for details
Days on Market4

Property Features for 4012 S Indiana Avenue

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 1 x duplex-down: 4BR/3BA, 5 x simplex: 3BR/2BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $25,828

Amenities

hardwood flooring
gas fireplaces
central air conditioning
private balconies
walk-in closets
en-suite bathrooms
dedicated garage parking
private storage
stainless steel appliances
granite countertops
custom cabinetry
Central air
6 Fireplaces
Central Air Cooling

Building Details

Year Built 2004
Buildings 1
Listing Agency: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Listed By: SHARIAL HOWARD · License #MRD886742
Source: Corcoran
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 9 at 10:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE

Investment Insights

Based on property information with market context.

This 2004 multifamily condominium portfolio includes six residences at 4012 S Indiana Avenue in Chicago’s Bronzeville neighborhood. The configuration combines one 2,700 square foot duplex-down with four bedrooms and three full bathrooms, plus five 1,700 square foot simplex residences with three bedrooms and two full bathrooms each.

The duplex-down provides two levels of living space, including an open main floor, kitchen, three bedrooms, two bathrooms, and a lower-level family or entertainment room, office nook, fourth bedroom, and full bathroom. The simplex residences feature open layouts, stainless steel appliances, granite countertops, custom cabinetry, and kitchen peninsulas. Across the portfolio, residences include hardwood flooring, gas fireplaces, central air conditioning, private balconies, walk-in closets, primary suites with en-suite bathrooms, dedicated garage parking, and private storage.

Key Highlights

  • Six condominium residences offered as one multifamily portfolio
  • 2,700 square foot duplex‑down with 4 bedrooms and 3 full bathrooms
  • Five 1,700 square foot simplex residences, each with 3 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Law Firm Florist Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

929
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Updated condominium residences offer varied layouts, private outdoor space, garage parking, and modern in-unit finishes.
Where is this multifamily property located?
The property is located at 4012 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Six condominium residences offered as one multifamily portfolio; 2,700 square foot duplex‑down with 4 bedrooms and 3 full bathrooms; Five 1,700 square foot simplex residences, each with 3 bedrooms and 2 full bathrooms
More about this property
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