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Chris Denys

chris@chrisdenys.com +1(309) 498-0722

$594,900

Est. payment - /mo

8 Beds

3 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12701934

Bedrooms 8

Year Built 1906

Annual Tax Amount $4,167

Tax Year 2023

Lot Dimensions 4025

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Zoning MULTI

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Community Features Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Stone, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Stone

New Construction false

Schools

Elementary Schools Beethoven Elementary School

High Schools Phillips Academy High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by James Mattz of Keller Williams Preferred Rlty

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Chris Denys

+1(309) 498-0722

Agent | License ID: 475.214069, S73012000

Agent License ID: 475.214069, S73012000

4016 S Indiana AVE Chicago, IL 60653

Chris Denys

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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