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Apartment Building with Gated Parking
For Sale
$1,875,000

4930 S Indiana Avenue, Chicago, IL 60615

Commercial Sale, Chicago, IL

Property SizeContact for details
Days on Market58

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 Bedroom 18, Bedroom 14, Bedroom 19, Bathroom 2, Bedroom 12, Bedroom 25, Bathroom 13, Bedroom 26, Bathroom 17, Bathroom 15, Bathroom 7, Bedroom 2, Bathroom 3, Bathroom 6, Bedroom 15, Bedroom 11, Bathroom 4, Bedroom 3, Bedroom 23, Bathroom 10, Bedroom 7, Bedroom 4, Bathroom 8, Bathroom 14, Bedroom 6, Bedroom 17, Bedroom 9, Bedroom 1, Bathroom 16, Bedroom 10, Bedroom 8, Bedroom 24, Bedroom 13, Bathroom 12, Bathroom 18, Bathroom 9, Bedroom 21, Bedroom 5, Bedroom 22, Bathroom 1, Bathroom 11, Bedroom 16, Bedroom 20, Bathroom 5
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: Sep 12 Last Checked: Sep 22 at 12:06AM
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 8-unit apartment building completed in 2005 as a condominium. The property offers a mix of six three-bedroom, two-bath residences and two four-bedroom, three-bath residences. Interior features include condo-quality finishes, hardwood flooring, central heat and air, and laundry within each unit.

The building includes eight gated parking spaces and 24-hour surveillance. Its Chicago address places the property in the Bronzeville neighborhood, with the residences and on-site amenities suited to multifamily operations.

Key Highlights

  • 8‑unit apartment building completed in 2005
  • Unit mix includes 6 three‑bedroom, two‑bath units and 2 four‑bedroom, three‑bath units
  • Condo‑quality finishes with hardwood floors throughout the units

Property Analytics

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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
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight-unit residential property with condo-quality interiors, central HVAC, hardwood floors, and in-unit laundry.
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: 8‑unit apartment building completed in 2005; Unit mix includes 6 three‑bedroom, two‑bath units and 2 four‑bedroom, three‑bath units; Condo‑quality finishes with hardwood floors throughout the units
More about this property
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