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$505,000
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Property Description
Turnkey, fully rehabbed legal 2-unit building w/ garden unit with 2 separate entrance in the heart of Chicago! Located at 6716 S Indiana Ave, this beautifully updated property offers modern finishes, strong rental potential, and immediate income. The 1st floor 2-bedroom unit is already leased, delivering instant cash flow from day one. Above, the expansive 3-bedroom second-floor residence showcases rich hardwood flooring, elegant quartz countertops, stainless steel appliances, LED illuminated vanity mirrors, and spa-inspired bathrooms featuring sleek bidet toilets.The garden unit offers 2 bedrooms with durable vinyl flooring, quartz counters, stainless steel appliances, and matching modern bathroom upgrades. Each unit is equipped with separate heating and air conditioning systems, ensuring efficiency and individualized climate control. Laundry hookups are conveniently located in the basement. The exterior improvements complete the package: a brand-new security fence and privacy fencing, new concrete slab, and a newly constructed 2-car garage add both value and peace of mind. Whether you're looking to house hack while collecting rent, expand your investment portfolio, or secure a cash-flowing property with high-end finishes, this one checks every box. schedule your showing today and secure this income-producing opportunity!
Full Property Details
Full Property Details for 6716 S Indiana Ave
General
- Sold For: $505,000
- Taxes: $4,620 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12574549
- Added to Site: 50 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: Commuter Bus, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: CHI - Greater Grand Crossing
- County: Cook
- Driving Directions: Marquette Rd to Indiana Ave- South to subject property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1903
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 5332
Financial Considerations
- Assessment Year: 1903
- Tax Amount: $4,620.9
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 20223020230000
Listed by Consumer Realty Group, Inc.
Sold by Baird & Warner Real Estate - Algonquin
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Schools
Schools serving 6716 S Indiana Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Brownell Elementary School 6741 South Michigan Avenue, Chicago, IL 60637 | PK-6 | 0.1 mi |
Deneen Elementary School 7240 South Wabash Avenue, Chicago, IL 60619 | 7-8 | 0.7 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 6716 S Indiana Ave
Date
Details
Price
Change
Source
4/02/2026
Sold
$505,000
-2.7%
MLS
2/22/2026
Listed
$519,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6716 S Indiana Avenue, Chicago, IL 60637 (MLS# 12574549) is a Multi-Family property that was sold at $505,000 on April 02, 2026. Want to learn more about 6716 S Indiana Avenue? Do you have questions about finding other Multi-Family real estate for sale in Greater Grand Crossing? You can browse all Greater Grand Crossing real estate or contact a Coldwell Banker agent to request more information.

