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Three-Unit Residential Income Building

4016 S Indiana Avenue Chicago, IL 60653

New
4016 S Indiana Avenue, Chicago, IL, 60653
$594,900
For Sale
$594,900

MULTI_FAMILY - Chicago, IL

Days on Market2

Property Features for 4016 S Indiana Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 3, Bedroom 6, Basement
Parking
1
Parking features
Garage
Exterior features
Balcony
Basement
Full, Finished
Standard status
Active
APN
20031080180000

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
4167

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas

Building Details

Year built
1906
Building materials
Stone
Listing agency Keller Williams Preferred Rlty
Listed by James Mattz · License #475095060
Added: Jul 22 Checked: Jul 23 at 7:06AM
MLS# 12701934

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 multifamily building includes spacious 3-bedroom units on both the first and second floors. A finished lower level adds additional bedroom and bathroom space, creating a flexible internal layout for a variety of occupancy or rental arrangements.

The property is located at 4016 S Indiana Avenue in Chicago, Illinois, with a garage and on-site parking available for residents. Public remarks note separate tenant-paid utilities.

Zoning is listed as MULTI. Buyers are advised to independently verify zoning, unit legality, rents, taxes, leases, expenses, and all MLS information.

Key Highlights

  • Multi‑unit building built in 1906 with stone construction and a balcony
  • Heated by forced air natural gas
  • Garage parking plus on‑site parking

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Law Firm Florist Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Auto Parts Store Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Multifamily property - Multifamily building with 3-bedroom units on two floors plus a finished lower level, with garage parking and tenant-paid utilities.
Where is this multifamily property located?
The property is located at 4016 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $594,900.
What are key features of this property?
This property features: Multi‑unit building built in 1906 with stone construction and a balcony; Heated by forced air natural gas; Garage parking plus on‑site parking
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More about this property
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