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3-Unit Masonry Apartment 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 3, Bedroom 9, Bedroom 7, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bathroom 6, Bedroom 4, Bedroom 8, Bedroom 5, Laundry Room, Bathroom 3, Bedroom 2, Bedroom 6, Bathroom 5, Utility Room
Parking 3
Parking features Open, Garage
Patio and Porch features Porch, Patio, Deck
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 Forced Air, Natural Gas

Amenities

balcony

Building Details

Year built 2026
Building materials Brick, Block
Roof type Asphalt
Architectural style Contemporary, Victorian
Buildings 1
Listing Agency: North Clybourn Group, Inc.
Listed By: Wilfredo Aguilar Jr
Added: Oct 21 Changed: Oct 23 Last Checked: Oct 25 at 2:06PM
MLS# 12790800

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.

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Investment Insights

Based on property information with market context.

This three-story triplex is built with brick and block construction and is listed with a 2026 year built. Each of the three units offers 1,400 square feet of living space and a private balcony measuring approximately 14 by 10 feet. A masonry garage provides three parking spaces, alongside open parking. The property also includes porches, decks, patios, and fencing.

The building is two blocks from an elevated train line. Heating is provided by forced air and natural gas. The zoning designation is MULTI.

Key Highlights

  • Three residential units, each with 1,400 square feet
  • Private balcony for each unit, approximately 14 x 10 feet
  • Three‑story brick and block construction; year built 2026

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three floors of residential space include private balconies and a masonry garage 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 residential units, each with 1,400 square feet; Private balcony for each unit, approximately 14 x 10 feet; Three‑story brick and block construction; year built 2026
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