Two-Unit Multifamily
For Sale
Under Contract
$594,990
4016 S Indiana Avenue, Chicago, IL 60653
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market34
Property Features for 4016 S Indiana Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Basement, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 8, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 1, Bedroom 4
Parking
1
Parking features
Garage
Exterior features
Balcony
Basement
Finished, Full
Elementary school
Beethoven Elementary School
High school
Phillips Academy High School
Elementary school district
299
Middle school district
299
High school district
299
Directions
From E 39th St and S Indiana Ave, go South on S Indiana Ave to property at 4016 S Indiana Ave
Subdivision
CHI - Grand Boulevard
Standard status
Active Under Contract
APN
20031080180000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
4167
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Building Details
Year built
1906
Building materials
Stone
Listing Agency:
Keller Williams Preferred Rlty · Keller Williams Realty
(708) 798-1111
Listed By:
James Mattz · License #475095060
(708) 798-1111
Added: Jul 22
Changed: Aug 20
Last Checked: Aug 24 at 5:06PM
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 property includes 3-bedroom units on the first and second floors, plus a finished lower level with additional bedroom and bathroom space. The building also offers a balcony, stone construction, garage parking, and on-site parking. Heating is provided by natural gas and forced air, with public sewer service. Tenant-paid utilities are in place, supporting separate utility responsibility between the units and ownership.
Built in 1906, the property is located at 4016 S Indiana Avenue in Chicago’s Bronzeville/Grand Boulevard area. The site is near the South Loop, Lake Michigan, downtown Chicago, Hyde Park, public transportation, and ongoing neighborhood development. Zoning is identified as MULTI.
Built in 1906, the property is located at 4016 S Indiana Avenue in Chicago’s Bronzeville/Grand Boulevard area. The site is near the South Loop, Lake Michigan, downtown Chicago, Hyde Park, public transportation, and ongoing neighborhood development. Zoning is identified as MULTI.
Key Highlights
- Two 3‑bedroom units occupy the first and second floors
- Finished lower level with additional bedroom and bathroom space
- Garage and on‑site parking included
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
929
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property with a finished lower level, garage, and on-site parking.
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 $594,990.
What are key features of this property?
This property features: Two 3‑bedroom units occupy the first and second floors; Finished lower level with additional bedroom and bathroom space; Garage and on‑site parking included
