This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
4650 S Indiana Avenue, Chicago, IL 60653
$1,800,000
4650 S Indiana Avenue, Chicago, IL 60653View this property at 4650 S Indiana Avenue, Chicago, IL 60653
4650 S Indiana AvenueChicagoIL60653
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/14
Property Description
Welcome to a fantastic opportunity to own or lease a commercial retail space in the vibrant Bronzeville neighborhood of Chicago. This spacious 14,000 square foot retail building, located at 4650 S Indiana Ave, boasts 5 storefronts and is currently being remodeled to meet the modern standards of today's businesses. The property offers flexible leasing options, with the ability to divide the space as small as 1,200 square feet or as large as 7,500 square feet. The zoning of B3-3 allows for a variety of uses. This retail space is perfectly situated for easy access to transportation options, including the CTA Green and Red Line, making it a convenient location for both customers and employees. The property also has multiple access points to the 90/94 interstate, making it easy for customers to reach your business from anywhere in the city. Onsite parking is available, making it easy for your customers to visit your store. The property's high traffic location and great visibility make it an ideal location for new and existing businesses alike. Bronzeville is a vibrant community that has undergone a significant revitalization in recent years, with many new businesses and developments opening in the area. The neighborhood is known for its rich cultural history, beautiful architecture, and a thriving business community. Located just minutes from the Loop, Bronzeville is also home to many popular tourist destinations, including the DuSable Museum of African American History and the Illinois Institute of Technology. The neighborhood is also famous for its annual Bud Billiken Parade, which attracts more than one million attendees every year. In addition to its rich cultural history, Bronzeville is also home to the Bronzeville Lakefront development, a massive redevelopment project that will bring new parks, retail spaces, and residential units to the area. This exciting new development will further enhance the neighborhood's already thriving business community, making it the perfect location for your business to grow and succeed. Don't miss out on this excellent opportunity to lease a prime retail space in one of Chicago's most vibrant neighborhoods. There are two leases in place currently, Grocery store & a Daycare. Contact us today to schedule a viewing and take the first step towards your new business location.
Full Property Details
Full Property Details for 4650 S Indiana Ave
General
- Price: $1,800,000
- Taxes: $28,643 (2021)
- Status: Active
- Type: Commercial
- MLS ID: 11971037
- Updated: 2/7/2024
- Added to Site: 87 day(s) ago
Interior
- Flooring: Varies
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: South Indiana to East 47th
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Structural Information
- Sub-Flooring: Varies
- Stories/Levels: 2
- Square Feet: 14,000
- Year Built: 1948
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 20,608
- Lot Dimensions: 161 x 128
- Zoning: RTAIL
Financial Considerations
- Lease Price: $19
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1948
- Tax Amount: $28,643
- Tax Year: 2021
- Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Other, Varies by Tenant
Disclosures and Reports
- Property ID: 20033200310000
Listed by @properties Commercial
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 4650 S Indiana Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4415 S King Dr, Chicago, IL 60653 | PK-8 | 0.4 mi | |
244 E Pershing Rd, Chicago, IL 60653 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4650 S Indiana Ave
Date
Details
Price
Change
Source
1/31/2024
Listed
$1,800,000
313.79%
MLS
4/27/2018
Sold
$435,000
—
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 4650 S Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$24,382
-15%
$102,615
-16%
2021
$28,643
-9%
$122,500
—
2020
$31,341
-23%
$122,500
-31%
2019
$40,661
65%
$176,508
62%
2018
$24,691
-42%
$108,748
-37%
2017
$42,437
—
$172,994
—
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 4650 S Indiana Ave
4650 S Indiana Avenue, Chicago, IL 60653 (MLS# 11971037) is a Commercial property. 4650 S Indiana Avenue is currently listed for $1,800,000 and was received on January 31, 2024. Want to learn more about 4650 S Indiana Avenue? Do you have questions about finding other Commercial 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.