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New Construction Three-Flat Building
For Sale
Contact for pricing
Pending

4739 S Indiana Ave, Chicago, IL 60615

New construction three-flat building with three-car garage in Chicago.

Property SizeContact for details
Days on Market176

Property Features for 4739 S Indiana Ave

General Information

Standard status Pending
Class A
Total Parking Spaces 3
Property subtype Multifamily

Building Details

Year Built 2026
Buildings 1
Stories 3
Units 3
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471.003309
Source: Crexi
Added: Feb 25 Changed: Aug 8 Last Checked: Jul 24 at 9:25AM

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 North Clybourn Group, Inc.

Investment Insights

Based on property information with market context.

This new construction three-flat building, part of the Indiana Collection, is set on a 25 x 160 deep lot and includes a three-car garage. Each of the three units features three bedrooms and two baths. The building showcases exceptional elegance and intelligent design, with professional, fully appointed kitchens including cabinetry, integrated appliances, and quartz islands with full backsplashes. Fireplaces feature custom millwork and indirect lighting, and dry bars and mud rooms are included. Wide plank engineered flooring and accent walls contribute to a cohesive design. The primary suites offer oversized showers with frameless glass, custom mirrors, and designer plumbing fixtures. Professional closet organizers are installed throughout. This property is suitable for owner-occupancy, investors, or a 1031 exchange. It is part of a two-building series and offers immediate delivery. The projected monthly income is $8950, with an annual income of $107,400, representing a 6.6 CAP rate. A one-year warranty is included.

Key Highlights

  • New construction 3‑flat featuring three 3‑bedroom, 2‑bath units.
  • Massive footprint on a 25 x 160 deep lot complemented by a 3‑car garage.
  • Professional, fully appointed kitchens boast integrated appliances and a quartz island.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Auto Parts Store Kitchen & Bath Showroom Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,544
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
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 - New construction three-flat building with three-car garage in Chicago.
Where is this triplex located?
The property is located at 4739 S Indiana Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: New construction 3‑flat featuring three 3‑bedroom, 2‑bath units.; Massive footprint on a 25 x 160 deep lot complemented by a 3‑car garage.; Professional, fully appointed kitchens boast integrated appliances and a quartz island.
(773) 645-7900 Call to check price and availability
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