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4601 S Indiana Ave 18 Unit Apartment Building $3,275,000 ($181,944/Unit) Chicago, IL 60653

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Investment Highlights

  • Prime Location
  • Strong Capital Improvements
  • Strong Unit-Mix
  • Bronzeville Neighborhood

Executive Summary

SVN is pleased to present a 18-unit multifamily property located in Bronzeville. The desirable unit mix consists of (3) 2 Bed 1 Bath, (7) 2 Bed 2 Bath, (3) 3 Bed 2 Bath and (6) 3 Bed 2.5 Bath units. All units are very spacious and equipped with hardwood flooring, high-end appliances and in-unit laundry. Capital improvements consist of new in-unit furnaces and water tanks, newer gas meters, new roof and windows and newer electrical service.

Attachments

Sale OM

Property Facts

Price $3,275,000
Price Per Unit $181,944
Sale Type Investment
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 20,691 SF
No. Stories 3
Year Built 1901
Zoning R-5 - Residential Multi-Unit District

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - -
2+2 6 - -
3+2 3 - -
3+2.5 6 - -
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
20-03-321-001-0000
Land Assessment
$28,175
Improvements Assessment
$163,825
Total Assessment
$192,000
  • Listing ID: 39250053

  • Date on Market: 1/29/2026

  • Last Updated:

  • Address: 4601 S Indiana Ave, Chicago, IL 60653

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