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Karen Barbagallo
REALTOR®
(815) 988-5577
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4030 S Indiana Avenue , Chicago, IL 60653

$895,000
  • 4030 S Indiana Avenue , Chicago, IL 60653 Main Photo

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New to the Market New
BEDS11 BATHS8 full MLS#12677712
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

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.

4030 S Indiana Avenue | MLS# 12677712

This multi-family property located at 4030 S Indiana Avenue , Chicago, IL 60653 is currently listed for sale with an asking price of $895,000. S Indiana Avenue is located within the District 299 school district. Search Chicago real estate on kbarbagallo.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Finished, Full
Basement: Yes
Heating: Natural Gas
Lot Size: 3,777
Taxes: $13,112

Feature Descriptions

Exterior: Stone
Lot Dimensions: 3777
Parcel#: 20031080400000
Parking: Unassigned, Yes
Sewer: Public Sewer
Total Rooms: 23
Township: Hyde Park
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Essex 312, LLC
Agency Phone: 773-305-4858

Shown By

Agent Name: Karen Barbagallo
Agent Phone: (815) 988-5577
Agency Title: Gambino Realtors

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Estimated Payment

$ 5,419.08 per month $4,065.37 Principal & Interest $1,092.67 Property Tax $261.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/18/2026. The listing information on this page last changed on 06/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/18/2026 12:04:32 AM EST) or MRED MLS (last updated Wed 06/17/2026 11:58:13 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 06/17/2026 10:16:39 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 06/17/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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