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New Construction Triplex
For Sale
$1,199,999

4217 S Indiana Ave, Chicago, IL 60653

Three-story masonry property with private balconies, spacious floor plans, and a three-car garage.

Property Size1,400 SF
Price / SF$857.14
Days on Market10

Property Features for 4217 S Indiana Ave

General Information

Standard status Active
Size 1,400 SF
Total Parking Spaces 3
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 3

Amenities

vaulted ceilings
balconies

Building Details

Year Built 2026
Buildings 1
Stories 3
Construction masonry
Listing Agency: Power Realty Chicagoland,Pllc
Listed By: Thomas Bezanes · License #471018395
Source: Highriseschicago
Added: Aug 22 Changed: Aug 29 Last Checked: Aug 30 at 4:05PM

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 Power Realty Chicagoland,Pllc

Investment Insights

Based on property information with market context.

Completed in 2026, this three-story triplex is constructed with full masonry and offers three residential units, each planned at 1,400 square feet. Interior layouts include bedrooms, kitchens, living areas, bathrooms, vaulted ceilings, oversized front elevation windows, and open spaces designed to bring in natural light.

Each floor has its own outdoor balcony measuring about 14 x 10, while a three-car masonry garage provides enclosed parking. The garage incorporates a higher-load-capacity truss system. The property is located at 4217 S Indiana Ave in Chicago, two blocks from the elevated train line, providing proximity to transit without being directly on top of the tracks.

Key Highlights

  • Triplex completed in 2026 with full masonry construction
  • Three residential units, each offering 1,400 Sq ft floor plans
  • Private balcony for each floor, measuring about 14 x 10

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

972
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?
Triplex - Three-story masonry property with private balconies, spacious floor plans, and a three-car garage.
Where is this triplex located?
The property is located at 4217 S Indiana Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Triplex completed in 2026 with full masonry construction; Three residential units, each offering 1,400 Sq ft floor plans; Private balcony for each floor, measuring about 14 x 10
More about this property
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