4619 S Indiana Avenue Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60653
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12312297
Bedrooms 6
Year Built 1895
Annual Tax Amount $10,345
Tax Year 2022
Lot Dimensions 50X160
Property Sub-Type Two to Four Units
Property Description
Prime Investment Opportunity in the Heart of Bronzeville! This classic Bronzeville Greystone at 4619 S Indiana comes with a buildable vacant lot at 4621 S Indiana, both included in the sale-a rare chance for investors and developers to expand or create something new. Zoned RM-5, this property offers endless possibilities, whether for multi-unit development, mixed-use space, or a modern redevelopment to complement the area's rapid transformation. Fully occupied units with individual heating provide immediate income potential, while the surrounding area is booming with new construction projects. Bronzeville is undergoing a massive revitalization, with major developments like the four billion dollar Bronzeville Lakefront project bringing 8 million square feet of mixed-use space, including retail, office, and residential units. Additionally, the nearby Metropolis Pointe proposal and the Oakwood & Lake Park Redevelopment are adding hundreds of new residential units, driving demand for commercial and mixed-use spaces. The City of Chicago's investment in infrastructure and the renovation of cultural landmarks like the South Side Community Art Center further solidify this area as a prime location for long-term growth and appreciation. Conveniently located near 90/94, CTA routes, shopping, and major attractions, this property is perfectly positioned for future development. Don't miss this rare opportunity to own and build in one of Chicago's most sought-after neighborhoods-schedule a viewing today!
Location
State IL
County Cook
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition None