Triplex with Detached
For Sale
Under Contract
$650,000
4823 S INDIANA Avenue, Chicago, IL 60615
Residential Income, Chicago, IL
Property SizeContact for details
Days on Market99
Property Features for 4823 S INDIANA Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
8
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 8, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 7
Parking
2
Parking features
Garage
Patio and Porch features
Porch
Fencing
Fenced
Basement
Finished, Walk-Out Access, Full
Elementary school district
299
Middle school district
299
High school district
299
Directions
47TH ST E/W TO MICH. S TO 49TH E TO IND. N TO PROPERTY
Subdivision
CHI - Grand Boulevard
Standard status
Active Under Contract
APN
20101090000000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9881
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Electric (Heating)
Amenities
gated
fully fenced backyard
garage
walk-out basement
porch and deck
Building Details
Year built
1895
Building materials
Brick, Stone
Roof type
Rubber
Listing Agency:
Serene Realty, Inc.
(312) 650-7940
Listed By:
Vadie Reese · License #475155216
(312) 848-2947
Added: May 15
Changed: Aug 20
Last Checked: Aug 21 at 11:06AM
MLS# 12649249
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 gated triplex is a three-unit brick and stone multi-family building with finished walk-out basement space, totaling approximately eight bedrooms and three bathrooms across the separate units. The roof is newer, and the back porch and deck system has been completely rebuilt. A fenced backyard provides private outdoor space, while the detached 2.5 car garage supports covered parking and additional storage.
The property is offered AS-IS and is fully occupied, with 48 hour notice required for showings. It’s heated with natural gas and electric heating, and served by public sewer. Zoning is MULTI.
Built in 1895, the building’s layout offers flexibility for different ownership approaches, including leasing all three units, occupying one unit while collecting rents, or configuring the space for multi-generational living.
The property is offered AS-IS and is fully occupied, with 48 hour notice required for showings. It’s heated with natural gas and electric heating, and served by public sewer. Zoning is MULTI.
Built in 1895, the building’s layout offers flexibility for different ownership approaches, including leasing all three units, occupying one unit while collecting rents, or configuring the space for multi-generational living.
Key Highlights
- Gated three‑unit brick and stone triplex
- Approximately 8 bedrooms and 3 bathrooms across three separate units
- Finished walk‑out basement adds usable space for storage, recreation, or future expansion
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,339
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Brick and stone three-unit in Chicago’s Bronzeville with a fenced yard, porch, walk-out basement, and natural gas heating.
Where is this triplex located?
The property is located at 4823 S INDIANA Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Gated three‑unit brick and stone triplex; Approximately 8 bedrooms and 3 bathrooms across three separate units; Finished walk‑out basement adds usable space for storage, recreation, or future expansion
