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3-Unit Masonry Residential Building
New
For Sale
$1,199,999

4217 S Indiana Avenue, Chicago, IL 60653

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market5

Property Features for 4217 S Indiana Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning MULTI
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bathroom 2, Bedroom 7, Bedroom 5, Bathroom 3, Bathroom 6, Bathroom 5, Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Utility Room, Bedroom 6, Bedroom 9, Bedroom 4, Laundry Room, Bedroom 1
Parking 3
Parking features Open, Garage
Patio and Porch features Deck, Patio, Porch
Fencing Fenced
Elementary school district 299
Middle school district 299
High school district 299
Directions 42nd to Indiana Ave. and then South to property
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20031210070000

Taxes and HOA fees

Tax Year 2024

Utilities

Heating system Natural Gas, Forced Air

Building Details

Year built 2026
Building materials Brick, Block
Roof type Asphalt
Architectural style Victorian, Contemporary
Listing Agency: North Clybourn Group, Inc.
Listed By: Wilfredo Aguilar Jr · License #475103536
Added: Sep 23 Changed: Sep 24 Last Checked: Sep 27 at 1:06PM
MLS# 12768124

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 three-story masonry triplex at 4217 S Indiana Avenue contains three residences, each with a 1,400-square-foot floor plan. A private balcony measuring approximately 14 by 10 feet serves each floor. The property also includes a masonry garage with capacity for three cars and a higher-load truss system. Zoning is MULTI.

The building is two blocks from the elevated train line. Construction materials include brick and block, and the architectural styles are identified as Victorian and contemporary.

Key Highlights

  • Three‑story masonry building with three residential units
  • Each unit offers a 1,400‑square‑foot floor plan
  • Private balcony on each floor, approximately 14 x 10 feet

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has a private balcony, with a masonry garage providing covered parking for three vehicles.
Where is this triplex located?
The property is located at 4217 S Indiana Avenue 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: Three‑story masonry building with three residential units; Each unit offers a 1,400‑square‑foot floor plan; Private balcony on each floor, approximately 14 x 10 feet
More about this property
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