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$550,000 Contingent
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Property Description
A solid 6-unit income property delivering dependable cash flow with built-in upside. This asset features a strong rental layout, stable tenancy, and rents positioned below market, allowing a new owner to unlock value through gradual increases. Ideal for investors seeking a low-maintenance, high-confidence acquisition with long-term upside.
Full Property Details
Full Property Details for 7928-30 S Indiana Ave
General
- Price: $550,000
- HOA FEE: $2,000
- Taxes: $4,207 (2023)
- Status: Contingent
- Type: Commercial
- Source: MRED
- MLS ID: 12539490
- Updated: 2/1/2026
- Added to Site: 87 day(s) ago
Location
- Area: CHI - Chatham
- County: Cook
- Driving Directions: From 79th, turn south onto Indiana Ave. Building is the west side of the street.
Heating & Cooling
- Heating Type: Central Building Heat, Radiators
Utilities
- Trash: 1564
Structural Information
- Stories/Levels: 3
- Year Built: 1930
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.15
- Lot Dimensions: 40' x 160'
Financial Considerations
- Maint. Fee: $2,000
- Insurance Fee: $5,000
- Operating Expenses: $19,391
- Other Fee: $750
- Assessment Year: 1930
- Tax Amount: $4,207
- Tax Year: 2023
- Tenant Pays: Electricity
- Pays Electric: 487
- Pays Trash: 1564
Disclosures and Reports
- Property ID: 20341020290000
Listed by EXIT Strategy Realty
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Price & Sales History for 7928-30 S Indiana Ave
Date
Details
Price
Change
Source
1/22/2026
Price Increased
$550,000
22.22%
MLS
1/07/2026
Listed
$450,000
-4.26%
MLS
8/02/2021
Sold
$470,000
—
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 7928-30 S Indiana Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,229
3%
$39,000
—
2022
$8,022
2%
$39,000
—
2021
$7,843
91%
$39,000
112%
2020
$4,105
-2%
$18,427
-12%
2019
$4,207
2%
$20,940
—
2018
$4,136
-12%
$20,940
-4%
2017
$4,717
-12%
$21,914
-18%
2016
$5,347
9%
$26,695
—
2015
$4,892
10%
$26,695
12%
2014
$4,433
2%
$23,893
—
2013
$4,346
1%
$23,893
—
2012
$4,287
—
$23,893
—
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 7928-30 S Indiana Ave
7928-30 S Indiana Avenue, Chicago, IL 60619 (MLS# 12539490) is a Commercial property. 7928-30 S Indiana Avenue is currently listed for $550,000 and was received on January 07, 2026. Want to learn more about 7928-30 S Indiana Avenue? Do you have questions about finding other Commercial real estate for sale in Chatham? You can browse all Chatham real estate or contact a Coldwell Banker agent to request more information.

