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Two to Four Units · Chicago, IL
$895,000
11 beds · 8 baths
4030 S Indiana Avenue, Chicago, IL, 60653
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What’s special

Legal 4-unit building in Bronzeville with a 3 Bed / 2 Bath unit available for owner occupancy. The property consists of (3) large 3 bed / 2 bath units and (1) 2 bed / 2 bath garden. Renovated in 2017, all units enjoy in-unit laundry, gas-forced air furnaces with duct work, and laminate counter tops. The property is being listed at an attractive 9.3x gross rent multiple or roughly 6.4% cap rate on in-place cash flows. If the existing lease roll were marked to current market rents, the property would generate $109,620 in gross annual income and stabilize at a 7.7% cap rate without the need for major renovations. Bronzeville continues to experience substantial residential and commercial development activity, driving long-term appreciation and rent growth. The building sits half a block from the CTA Green line station, providing a short commute downtown for owners and tenants alike.
— the listing agent’s description

The home

11 beds
8 baths
Lot 3777
Two to Four Units

What it’ll cost

$13,113 taxes / yr
No HOA
5 days on dwello

Estimated monthly payment

$6,113/mo
Principal & interest$4,759
Property taxes$1,093
Homeowners insurance$261
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
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5 days on dwello
Price history
Listed for sale
Jun 15, 2026
$895,000
Property taxes
2025
Annual tax bill (MLS)
$13,113/yr
Assessed value
2025
County assessor
$65,030~$650,300 mkt
2024
$65,030~$650,300 mkt
2023
$34,392~$343,920 mkt
2022
$34,392~$343,920 mkt
2021
$34,392~$343,920 mkt
2020
$28,161~$281,610 mkt
2019
$32,002~$320,020 mkt
2018
$8,825~$88,250 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.

Features

Natural GasStonePublic SewerUnassignedYes
Neighborhood
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MLS listing dataMRED
Listed by Philip Leigh · Essex 312, LLC
Listing last updated Jun 19, 2026 · data refreshed from the MLS Jun 19, 2026, 10:52 PM CT
Based on information submitted to the MLS GRID as of Jun 19, 2026, 10:52 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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