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Contingent
  • $594,990

    4016 S Indiana Ave, Chicago, IL 60653

    8beds
    --sqft
    : 
    $4,481/mo
    Get pre-qualified
    Multi Family
    Built in 1906
    -- sqft lot
    $579,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    34 days
    |
    998
    |
    91
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    James Mattz 708-798-1111,

    Keller Williams Preferred Rlty,

    Chretien Matz,

    Keller Williams Preferred Rlty

    Source: MRED as distributed by MLS GRID,MLS#: 12701934MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas, Forced Air
      Features
      • Basement: Finished,Full

      Property

      Parking
      • Total spaces: 1
      • Parking features: Yes, Garage Owned, Detached, Garage
      • Garage spaces: 1
      Features
      • Exterior features: Balcony
      Lot
      • Size: 4,025 Square Feet
      Details
      • Parcel number: 20031080180000
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stone
      Condition
      • New construction: No
      • Year built: 1906

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Lake Michigan

      Community & HOA

      Community
      • Features: Sidewalks, Street Lights, Street Paved
      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $490,010
      • Annual tax amount: $4,167
      • Date on market: 7/22/2026
      • Ownership: Fee Simple

        Estimated market value

        $579,700

        $551,000 - $609,000

        $2,139/mo

        Price history

        DateEventPrice
        8/7/2026Listing removed$594,990
        Source: MRED as distributed by MLS GRID #12701934 Report a problem
        7/23/2026Listed for sale$594,990+35.2%
        Source: MRED as distributed by MLS GRID #12701934 Report a problem
        9/16/2019Listing removed$3,200
        Source: Coldwell Banker Report a problem
        9/12/2019Listed for rent$3,200
        Source: Coldwell Banker Report a problem
        11/14/2007Sold$440,000+131.6%
        Source: Public Record Report a problem
        8/13/2007Sold$190,000-47.2%
        Source: MRED as distributed by MLS GRID #06579067 Report a problem
        7/20/2005Sold$360,000+116.9%
        Source: Public Record Report a problem
        6/30/2004Sold$166,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,665 +108%$49,001 +113.1%
        2023$4,167 +3.1%$22,999
        2022$4,040 +1.8%$22,999
        2021$3,967 -12.4%$22,999 -1.9%
        2020$4,529 -2.8%$23,434 -12%
        2019$4,661 -8.1%$26,630 -8.5%
        2018$5,073 +6.5%$29,116 +14.2%
        2017$4,761 +3.4%$25,493
        2016$4,606 +9.9%$25,493
        2015$4,191 +18.2%$25,493 +17.6%
        2014$3,544 +2.3%$21,672
        2013$3,463 +0.6%$21,672
        2012$3,441 -12%$21,672 -23%
        2011$3,908 +3%$28,159
        2010$3,793 +9.5%$28,159
        2009$3,466 -0.2%$28,159 -8.9%
        2008$3,472 +189.2%$30,916 +265.8%
        2007$1,200 -5.6%$8,452 -6.6%
        2006$1,272 -66.5%$9,046 -64%
        2005$3,801 +1.5%$25,094
        2004$3,745 -5.7%$25,094
        2003$3,971 +2.6%$25,094 +16.5%
        2002$3,870 +3.7%$21,538
        2001$3,730 +82.1%$21,538
        2000$2,048 +1324.7%$21,538 +102%
        1999$144 $10,660
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Bronzeville

        Getting around

        78 / 100
        Very Walkable
        71 / 100
        Excellent Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Beethoven Elementary School
        • High: Phillips Academy High School
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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