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$680,000
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Property Description
6 unit building that was fully rehabbed within recent years. This building has an excellent unit mix of 3 x 2 bedrooms and 3 x 3 bedrooms. Each unit has an individual furnace, hardwood flooring, updated kitchen and bathroom and more. The property is turnkey and ready for a new owner to step into cash flow from day 1.
Full Property Details
Full Property Details for 6847 S Indiana Ave
General
- Price: $680,000
- HOA FEE: $1,800
- Taxes: $8,028 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12444511
- Updated: 8/18/2025
- Added to Site: 158 day(s) ago
Interior
- Basement: None
- Interior Features: Laundry Room
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Confidential Commercial Listings
- County: Cook
- Township: Lake
- Driving Directions: East on 69th to Indiana Avenue, North on Indiana to property
- Location Details: In City Limits
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Trash: 1380
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 3
- Square Feet: 8,000
- Current Bldg. Use: Multi-Family
- Year Built: 1927
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 3,750
- Lot Dimensions: 30 x 125
- Frontage: City Street
- Zoning: MULTI
Financial Considerations
- Maint. Fee: $1,800
- Insurance Fee: $6,000
- Operating Expenses: $24,924
- Other Fee: $4,920
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1927
- Tax Amount: $8,028
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
- Pays Electric: 1020
- Pays Trash: 1380
Disclosures and Reports
- Property ID: 20223090430000
Listed by Halsted Taylor Real Estate
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Schools
Schools serving 6847 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 | 0.2 mi |
Deneen Elementary School 7240 South Wabash Avenue, Chicago, IL 60619 | 7-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6847 S Indiana Ave
Date
Details
Price
Change
Source
8/12/2025
Listed
$680,000
1.8%
MLS
6/05/2019
Sold
$668,000
—
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 6847 S Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,018
3%
$38,000
—
2022
$7,816
2%
$38,000
—
2021
$7,641
78%
$38,000
97%
2020
$4,299
-2%
$19,299
-12%
2019
$4,406
2%
$21,931
—
2018
$4,332
-25%
$21,931
-18%
2017
$5,786
7%
$26,879
—
2016
$5,384
9%
$26,879
—
2015
$4,925
-1%
$26,879
—
2014
$4,986
2%
$26,875
—
2013
$4,888
1%
$26,875
—
2012
$4,823
—
$26,875
—
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 6847 S Indiana Ave
6847 S Indiana Avenue, Chicago, IL 60637 (MLS# 12444511) is a Commercial property. 6847 S Indiana Avenue is currently listed for $680,000 and was received on August 12, 2025. Want to learn more about 6847 S Indiana Avenue? Do you have questions about finding other Commercial real estate for sale in Chicago? You can browse all Chicago real estate or contact a Coldwell Banker agent to request more information.

