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25 Properties Within 0.5 miles of: 4016 S Indiana, Chicago

4016 S Indiana
Chicago, IL 60653

  • 8 Beds
  • Built In 1906
Price

$594,990

Est Payment
$3,381 / month (details)  
Taxes
$4,167  
Beds
8  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
4025  
Built
1906  
Neighborhood
Bronzeville  
MLS
#12701934
Status
Active (3 days)

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Exterior Features
Balcony
Parking
1 Garage Spaces, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
Phillips Academy High School (299), Beethoven Elementary School (299)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

07-22-2026 Listed at $594,990
07-23-2026 Price increased by $90 to $594,990
Last Modified 7/24/26 2:02 PM

Nearby Transportation

  • Bus 39 < 0.1 mi
  • Bus 29 0.2 mi
  • Bus 3 0.3 mi
  • Bus 43 0.3 mi
  • Bus 24 0.4 mi
  • Bus 35 0.7 mi
  • Bus 4 0.7 mi
  • Bus 1 0.7 mi
  • Bus 31 0.7 mi
  • Bus 47 0.8 mi
  • Bus 44 0.9 mi
  • Bus 15 1.0 mi
  • Bus 51 1.0 mi
  • Bus 8 1.2 mi
  • Rock Island 0.7 mi
  • Green Line 0.1 mi
  • Red Line 0.8 mi
  • I 90 East 0.4 mi
  • I 94 East 0.4 mi
  • I 90 West 0.5 mi
  • I 94 West 0.5 mi
  • I 55 North 1.6 mi
  • I 55 South 1.6 mi
  • I 290 East 3.5 mi
  • I 290 West 4.2 mi
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