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4030 S Indiana Avenue Chicago, IL $ 895,000
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$ 895,000 Get more info
4030 S Indiana Avenue
$ 895,000
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4030 S Indiana Avenue

Chicago, IL, 60653
$ 895,000
Bedrooms11 Baths8.0 Sq 4,900

Monthly Estimate*

$ 5,511

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Multi-Family Home for sale in Chicago, IL

for $895,000 with 11 bedrooms and 8 full baths. This home is 4,900 square feet.

Legal 4-unit building in Bronzeville with a 3 Bed / 2 Bath unit available for owner occupancy. The property consists of (3) large 3 bed / 2 bath units and (1) 2 bed / 2 bath garden. Renovated in 2017, all units enjoy in-unit laundry, central air conditioning, and granite counter tops. The property is being listed at an attractive 9.3x gross rent multiple or roughly 6.4% cap rate on in-place cash flows. If the existing lease roll were marked to current market rents, the property would generate $109,620 in gross annual income and stabilize at a 7.7% cap rate without the need for major renovations. Bronzeville continues to experience substantial residential and commercial development activity, driving long-term appreciation and rent growth. The building sits half a block from the CTA Green line station, providing a short commute downtown for owners and tenants alike.

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Multi-Family Active

Price

$ 895,000

Bedrooms

11

Full Bath

8

Property Type

Multi-Family

Taxes

$ 13,112

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12677712
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Stone
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 96120
County Cook
Net Operating Income 57247
Insurance Expense 4000
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 5801
Total Rooms 23
Status New
Directions S Indiana Ave just north of 41st St.
City Chicago
High School District 299
MLS Area CHI - Grand Boulevard
Tax Annual Amount 13112.96
Electric Expense 325
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2524
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 11
Total Baths 8
Bedrooms Possible 11
Full Baths Building 8
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Unassigned Yes
Water Source Public
Total Parking 2
Lot Dimensions 3777
Waterfront Y/N N
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* Excluded Features
List By
Essex 312, Llc

Broker

garrett@essex312.com

Email

Affordability Calculator

$6,603
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,511
Monthly Property Taxes
$1,093
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/15/2026$895,000 Listed Price

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4030 S Indiana Avenue, Chicago, IL, 60653 is a Multi-Family Home for sale at $895,000 with 4,900 sqft. 4030 S Indiana Avenue has 11 bedrooms and 8.0 baths. The property's zip code is 60653 which is in Chicago, IL

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