4823 Indiana Avenue, Grand Boulevard, Chicago, Illinois 60615


$650,000

For Sale
Status: New
Sqft: 0
Cost/Sqft:
Beds: 8
Baths: 0
Year Built: 1895
Property Taxes: $9,881
Days On Market: 1
Lot Size: 0,00
Map
Street View

Description

Opportunity is knocking in the heart of Bronzeville. This solid brick and stone gated 3-unit building offers the flexibility today's buyers are looking for, whether you're building a rental portfolio or creating a smart live-in investment strategy. The property features three units totaling approximately 8 bedrooms and 3 bathrooms, giving you options: rent all three, live in one and have all or part of your mortgage, or create a multi-generational setup. Recent updates including fresh paint and new carpeting add a clean, move-in ready feel, while the finished walk-out basement provides additional usable space for storage, expansion, or added value potential. The rear staircase allows convenient access to the upper unit and basement, creating a practical layout for both tenants and owners. Step outside to a spacious, fully fenced backyard, ideal for gatherings, outdoor enjoyment, or added tenant appeal. A detached 2.5 car garage adds even more functionality and convenience. Located just minutes from public transportation and the Dan Ryan Expressway, this property combines accessibility with long-term upside in one of Chicago's most established communities. Serious investors-this is your move. Opportunities like this in Bronzeville/Hyde Park do not sit. With strong income potential, flexible living options, and value-add upside, this building checks every box. Don't wait for someone else to claim it-schedule your private tour immediately and secure it before it's off the market. Property is being sold AS-IS.

Property Specifics

Multi-unit
1895
No
Cook
— / —
12574692
20101090000000

Property History

DATE: EVENT: PRICE: SOURCE:
26 Feb, 2007 Sold $415,000 MRED MLS
21 Jan, 2007 Under contract $435,000 MRED MLS
16 Jan, 2007 Listed for sale $435,000 MRED MLS
27 Mar, 2015 Sold $165,000 MRED MLS
19 Jun, 2014 Under contract $210,000 MRED MLS
4 Jun, 2014 Listed for sale $210,000 MRED MLS
30 Apr, 2015 Under contract $0 MRED MLS
30 Apr, 2015 Listed for sale $0 MRED MLS
2 Sep, 2022 Sold $415,000 MRED MLS
8 Jul, 2022 Under contract $389,999 MRED MLS
1 Jul, 2022 Listed for sale $389,999 MRED MLS
24 Feb, 2026 Listed for sale $650,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
25X125
Not in DB

Tax History

Year Property Taxes
2007 $1,810
2015 $3,291
2022 $5,092
2026 $9,881

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Contact Agent

Listing Provided By

Serene Realty, Inc.