Date
Details
Price
Change
Source
6/15/2026
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/41
$895,000 Contingent
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1/41
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, gas-forced air furnaces with duct work, and laminate 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.
Full Property Details
Full Property Details for 4030 S Indiana Ave
General
- Price: $895,000
- HOA FEE: $5,801
- Taxes: $13,112 (2024)
- Status: Contingent
- Type: Multi-Family
- Source: MRED
- MLS ID: 12677712
- Updated: 6/29/2026
- Added to Site: 14 day(s) ago
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 8
- Upper - Full Baths: 8
Bedrooms
- Total Bedrooms: 11
Parking
- Total Spaces: 2
- Parking Features: Unassigned, Yes
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Hyde Park
- Driving Directions: S Indiana Ave, just north of 41st St.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Stone
- Exterior Const.: Stone
- Basement: Yes
- Basement Desc.: Finished, Full
- Built Before 1978: Yes
- Remodeled/Updated: 2017
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3777
Financial Considerations
- Maint. Fee: $5,801
- Insurance Fee: $4,000
- Tax Amount: $13,112.96
- Tax Year: 2024
- Pays Electric: 325
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20031080400000
Listed by Essex 312, LLC
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Listing agents
— 4030 S Indiana Ave —
Essex 312, LLC
Essex 312, LLC
NMLS#: 1598647
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Schools
Schools serving 4030 S Indiana Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Beethoven Elementary School 25 West 47th Street, Chicago, IL 60609 | PK-8 | 0.9 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4030 S Indiana Ave
Tax History
Tax History for 4030 S Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,280
—
$65,030
89%
2023
$7,280
3%
$34,391
—
2022
$7,096
2%
$34,391
—
2021
$6,936
11%
$34,391
22%
2020
$6,273
-2%
$28,161
-12%
2019
$6,430
269%
$32,002
263%
2018
$1,743
-30%
$8,825
16%
2017
$2,477
62%
$7,612
—
2016
$1,525
—
$7,612
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4030 S Indiana Ave
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
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4030 S Indiana Avenue, Chicago, IL 60653 (MLS# 12677712) is a Multi-Family property with 4 units containing 11 bedrooms and 0 full bathrooms. 4030 S Indiana Avenue is currently listed for $895,000 and was received on June 15, 2026. Want to learn more about 4030 S Indiana Avenue? Do you have questions about finding other Multi-Family real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.