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$575,000 Just Listed
Property Description
BRONZEVILLE. BIG POTENTIAL. YOUR NEXT MOVE. An exciting opportunity to own a classic Chicago multifamily property in one of the South Side's most recognizable neighborhoods. This legal three-unit building offers three spacious four-bedroom residences, a completely vacant interior, and the flexibility to bring your own vision to life. The seller reports updated electrical and plumbing, providing a foundation for your next chapter. With turnover improvements already underway, this property presents an opportunity for investors looking to reposition an asset or owner-occupants interested in building long-term equity. Additional garden-level space offers possibilities for future improvements, subject to city approvals and verification. Conveniently located near neighborhood dining, shopping, public transportation, and Chicago's lakefront. Three units. One address. Endless possibilities. Offered AS-IS.
Full Property Details
Full Property Details for 4520 S Indiana Ave
General
- Price: $575,000
- Taxes: $11,462 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12787606
- Updated: 10/17/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 12
Parking
- Total Spaces: 4
- Parking Features: Yes
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Hyde Park
- Driving Directions: From S Martin Luther King Jr Drive, head west on E 45th Street, then turn south onto S Indiana Avenue. Property is located on the west side of Indiana Avenue, just south of 45th Street.
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: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Roof: Rubber
- Year Built: 1892
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 160
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1892
- Tax Amount: $11,462.76
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20033140240000
Listed by Louverture Realty, LLC
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Schools
Schools serving 4520 S Indiana Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Mollison Elementary School 4415 S Dr Martin L King Jr Dr, Chicago, IL 60653 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 0.9 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 4520 S Indiana Ave
Date
Details
Price
Change
Source
10/16/2026
Listed
$575,000
219.44%
MLS
12/17/2010
Sold
$180,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4520 S Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,663
—
$55,001
106%
2023
$5,663
3%
$26,751
—
2022
$5,519
-9%
$26,751
-11%
2021
$6,051
6%
$29,999
18%
2020
$5,685
-2%
$25,520
-12%
2019
$5,827
2%
$29,001
—
2018
$5,729
1%
$29,001
10%
2017
$5,660
7%
$26,294
—
2016
$5,266
9%
$26,294
—
2015
$4,818
23%
$26,294
24%
2014
$3,921
2%
$21,132
—
2013
$3,843
1%
$21,132
—
2012
$3,792
—
$21,132
—
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 4520 S Indiana Ave
4520 S Indiana Avenue, Chicago, IL 60653 (MLS# 12787606) is a Multi-Family property with 3 units containing 12 bedrooms and 0 full bathrooms. 4520 S Indiana Avenue is currently listed for $575,000 and was received on October 16, 2026. Want to learn more about 4520 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.
