4823 South Indiana, Chicago IL 60615
$650,000

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Property Description

Opportunity is knocking in the heart of Bronzeville. This solid brick and stone gated 3-unit building offers the flexibility today's buyers are looking for, whether you're building a rental portfolio or creating a smart live-in investment strategy. The property features three units totaling approximately 8 bedrooms and 3 bathrooms, giving you options: rent all three, live in one and have all or part of your mortgage, or create a multi-generational setup. Recent updates including fresh paint and new carpeting add a clean, move-in ready feel, while the finished walk-out basement provides additional usable space for storage, expansion, or added value potential. The rear staircase allows convenient access to the upper unit and basement, creating a practical layout for both tenants and owners. Step outside to a spacious, fully fenced backyard, ideal for gatherings, outdoor enjoyment, or added tenant appeal. A detached 2.5 car garage adds even more functionality and convenience. Located just minutes from public transportation and the Dan Ryan Expressway, this property combines accessibility with long-term upside in one of Chicago's most established communities. Serious investors-this is your move. Opportunities like this in Bronzeville/Hyde Park do not sit. With strong income potential, flexible living options, and value-add upside, this building checks every box. Don't wait for someone else to claim it-schedule your private tour immediately and secure it before it's off the market. Property is being sold AS-IS.

Features & Information

Key Details

  • List Price $650,000
  • Property Taxes $9,880.61
  • Price/ Sq. Ft. Unavailable
  • Year Built 1895
  • Parking Type Garage
  • Status Active

Rooms

  • Total Rooms 13
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years
  • Exterior Construction Brick,Stone
  • Foundation Brick,Stone
  • Heating & Cooling Gas, Electric
  • Units

  • Unit 1 Stove, Refrigerator, Microwave, Central Air Conditioner
  • Unit 2 Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Unit 3 Stove, Refrigerator

Location

  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property 47th St E/w To Mich. S To 49th E To Ind. N To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 9880.61
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 20101090000000

Utilities

  • Sewer Sewer-Publ

Listed by: Serene Realty, Inc. | Phone: 312.650.7940
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/5/2026 4:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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