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3-Unit Triplex with Garage
New
For Sale
$1,199,000

4741 S Indiana Avenue, Chicago, IL 60615

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market4

Property Features for 4741 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 Bathroom 6, Bedroom 3, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 9, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 7, Bedroom 4
Parking 3
Parking features Garage, Open
Patio and Porch features Deck
Subdivision Bronzeville
Lot features Common Grounds
Elementary school Mollison Elementary School
High school Phillips Academy High School
Elementary school district 299
Middle school district 299
High school district 299
Directions MLK Drive to 48th Ave, East on 48th to Indiana, North on Indiana to Property
Standard status Active
APN 20101030090000

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 2026
Building materials Brick, Concrete
Architectural style Contemporary
Buildings 1
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471003309
Added: Oct 26 Changed: Oct 29 Last Checked: Oct 29 at 11:06PM
MLS# 12748378

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.

Rey
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Investment Insights

Based on property information with market context.

This contemporary triplex is under construction and designed with three residences, each offering three bedrooms and two bathrooms. The property includes a three-car garage and a deck. Brick and concrete are listed among the construction materials, with natural gas heating and public sewer service. The building is planned for completion in 2026 and carries MULTI zoning.

Key Highlights

  • Three residences, each with 3 bedrooms and 2 bathrooms
  • 25 x 160‑foot lot
  • Three‑car garage

Property Analytics

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Lease Details

3
Residential units

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
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 - Each residence has three bedrooms, two bathrooms, and a private deck.
Where is this triplex located?
The property is located at 4741 S Indiana Avenue 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: Three residences, each with 3 bedrooms and 2 bathrooms; 25 x 160‑foot lot; Three‑car garage
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