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Eight-Unit Multifamily Building
New
For Sale
$1,875,000

4930 S Indiana Avenue, Chicago, IL 60615

MULTI_FAMILY - Chicago, IL

Days on Market7

Property Features for 4930 S Indiana Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 26
Bathrooms 18
Full bathrooms 18
Rooms Bathroom 17, Bedroom 2, Bedroom 8, Bathroom 2, Bedroom 7, Bathroom 11, Bedroom 3, Bathroom 15, Bathroom 10, Bedroom 15, Bathroom 14, Bedroom 5, Bathroom 4, Bedroom 11, Bedroom 24, Bedroom 12, Bathroom 1, Bathroom 3, Bathroom 6, Bedroom 9, Bathroom 5, Bedroom 17, Bathroom 16, Bathroom 13, Bedroom 14, Bedroom 23, Bedroom 25, Bedroom 26, Bathroom 18, Bathroom 7, Bedroom 21, Bedroom 22, Bedroom 13, Bedroom 1, Bathroom 12, Bathroom 9, Bedroom 20, Bedroom 16, Bedroom 10, Bathroom 8, Bedroom 18, Bedroom 19, Bedroom 4, Bedroom 6
Directions The property is south of the intersection of Indiana avenue and 49th street.
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20101140350000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 20386

Utilities

Cooling system Central Air

Amenities

in-unit laundry
24-hour surveillance

Building Details

Year built 2005
Floors in Building 4
Number of units 8
Listing Agency: Chicago Real Estate Resources
Listed By: Finley Askin · License #471021038
Added: Jul 27 Changed: Aug 2 Last Checked: Aug 2 at 6:06AM
MLS# 12716218

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.

4930 S Indiana Avenue is an eight-unit multifamily property built as a condominium in 2005. The unit mix includes six three-bedroom, two-bath units and two four-bedroom, three-bath units. Interiors feature central heat and air, hardwood floors, and in-unit laundry.

On-site amenities include eight gated parking spaces and 24-hour surveillance. The property is located in Chicago’s Bronzeville neighborhood at 4930 S Indiana Avenue, Chicago, IL 60615.

With multiple three- and four-bedroom layouts, the building offers a clear residential configuration for tenants seeking in-unit laundry and central HVAC in a small, eight-unit community.

Key Highlights

  • Eight‑unit multifamily condominium built in 2005
  • Unit mix: six three‑bedroom, two‑bath units and two four‑bedroom, three‑bath units
  • Central heat and air across the units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Building Supply Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,319
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?
Apartment building - Eight-unit condominium-built multifamily property with central air and in-unit laundry in Chicago’s Bronzeville neighborhood.
Where is this apartment building located?
The property is located at 4930 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: Eight‑unit multifamily condominium built in 2005; Unit mix: six three‑bedroom, two‑bath units and two four‑bedroom, three‑bath units; Central heat and air across the units
More about this property
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