IL
Cook
Chicago
60653
4030 S Indiana Avenue
4030 S Indiana Avenue, Chicago, IL 60653
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Listing Type
Multi Family
Listing Status
Active
41
$895,000

Home Details for 4030 S Indiana Avenue

Price
$895,000
Type
Residential Income
Bedrooms
11
Total Bathrooms
8
County
Cook
Total rooms
23
Basement
Finished, Full
Days on site
1
MLS Listing#
12677712
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.

Property Features
  • Basement
    • Finished
    • Full
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • Unassigned
Listing Courtesy: Essex 312, LLC - 773-305-4858
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-06-16 08:51:03. 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.
Last Updated: 2026-06-16 08:51:03
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EXIT INFINITY REALTY
719 S Western Ave, Ste #1, Chicago, IL 60612
Office
312 834 4383
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