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Multifamily Property for Renovation

7011 S Indiana Avenue, Chicago, IL 60637

For Sale
$155,000

Interior work is underway, and a two-unit arrangement may be possible subject to city approvals.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market8

Property Features for 7011 S Indiana Avenue

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Park Manor
Highway Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,751

Building Details

Year Built 1890
Listing Agency: Trademarks & Associates
Listed By: Tamika Marks · License #471006293
Source: Dawnmckennagroup
Added: Oct 30 Changed: Nov 3 Last Checked: Nov 4 at 7:55PM

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 Trademarks & Associates

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Investment Insights

Based on property information with market context.

Built in 1890, this multifamily property sits on a 50-by-125-foot lot totaling approximately 6,250 square feet. Interior preparation has started, and the unfinished space could be configured for two units or as a single-family residence, subject to zoning and city approvals. The property is offered as-is.

Nearby destinations include the Dan Ryan Expressway, CTA service, neighborhood retail and dining, Washington Park, Grand Crossing Park, and the Stony Island Arts Bank. Buyers should independently confirm permitted use, unit count, dimensions, permits, and property condition.

Key Highlights

  • 50‑by‑125‑foot lot, approximately 6,250 square feet
  • Potential two‑unit configuration or single‑family layout, subject to zoning and city approvals
  • Built in 1890

Property Analytics

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Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

793
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
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Market

Properties on Market for Multifamily properties in Chicago

Jul
Aug
Sep
Oct

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?
Multifamily property - Interior work is underway, and a two-unit arrangement may be possible subject to city approvals.
Where is this multifamily property located?
The property is located at 7011 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 50‑by‑125‑foot lot, approximately 6,250 square feet; Potential two‑unit configuration or single‑family layout, subject to zoning and city approvals; Built in 1890
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