Search
3-Unit Multifamily Building
For Sale
$575,000

4520 S Indiana Avenue, Chicago, IL 60653

Three vacant four-bedroom residences offer a fully unoccupied interior for a new ownership plan.

Property SizeContact for details
Days on Market10

Property Features for 4520 S Indiana Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income

Site & Location

Neighborhood Bronzeville

Units

Unit Mix 3 x 4-bedroom
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $11,462

Building Details

Year Built 1892
Listing Agency: Louverture Realty, LLC
Listed By: Ronald Toussaint
Source: Freedomrealtyil
Added: Oct 16 Changed: Oct 23 Last Checked: Oct 23 at 1:38PM

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 Louverture Realty, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This legal three-unit multifamily property was built in 1892 and contains three four-bedroom residences. The building is vacant throughout, and the seller reports updates to its electrical and plumbing systems. Garden-level space is also present; any future improvements there would require city approval and verification.

The property is on S Indiana Avenue in Chicago’s Bronzeville neighborhood. Dining, shopping, public transportation, and the lakefront are identified as nearby amenities. The sale is offered as-is.

Key Highlights

  • Legal three‑unit building with three four‑bedroom residences
  • Vacant interior across all three units
  • Seller reports updated electrical and plumbing systems

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,147
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

Frequently Asked Questions

What type of property is this?
Triplex - Three vacant four-bedroom residences offer a fully unoccupied interior for a new ownership plan.
Where is this triplex located?
The property is located at 4520 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Legal three‑unit building with three four‑bedroom residences; Vacant interior across all three units; Seller reports updated electrical and plumbing systems
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved