4016 S Indiana Avenue
Chicago, Illinois 60653

New / MLS #12701934 / Multiple Unit (2-4) / Grand Boulevard
Listing information updated 7/22/2026 at 5:03pm
Outstanding opportunity to own a solid multi-unit building in the heart of Bronzeville/Grand Boulevard, one of Chicago's most dynamic and evolving neighborhoods. Located on THEE sought-after South Indiana Avenue, this property offers the flexibility and potential that today's investors and owner-occupants are seeking. The building features spacious 3-bedroom units on both the first and second floors, along with a finished lower level offering additional bedroom and bathroom space. The versatile layout provides multiple options for income generation, including long-term rentals, owner-occupancy with supplemental rental income, or future value-add opportunities. Additional highlights include a garage, on-site parking, and separate tenant-paid utilities, enhancing operational efficiency and investment appeal. Ideally situated near the South Loop, Lake Michigan, downtown Chicago, Hyde Park, public transportation, and major ongoing neighborhood development, this property is well-positioned for both current income and long-term appreciation potential. A rare opportunity for investors and owner-occupants alike to secure a property in one of Chicago's most historic and revitalized communities. Buyer to independently verify zoning, unit legality, rents, taxes, leases, expenses, and all MLS information.

Listing Office: Keller Williams Preferred Rlty

Listing Office Phone: 708.798.1111

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4016 S Indiana Avenue, Chicago, IL 60653 is a multiple unit (2-4) currently listed at $594,900. 4016 S Indiana Avenue features 8 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since July 22nd, 2026 and was built in 1906. Nearby schools include Beethoven Elementary School and Phillips Academy High School. The nearest transit stops include Riverdale Metra Metra Metra Electric Main Branch line.