4619, 4621 S Indiana Avenue Chicago IL 60653 MLS #MRD12447953

MLS #MRD12447953 image #0MLS #MRD12447953 image #1MLS #MRD12447953 image #2MLS #MRD12447953 image #3MLS #MRD12447953 image #4MLS #MRD12447953 image #5MLS #MRD12447953 image #6MLS #MRD12447953 image #7MLS #MRD12447953 image #8MLS #MRD12447953 image #9
Two properties sold as one! 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. Repairs and updates have recently been completed. Contact us for details. Don’t miss this rare opportunity to own and build in one of Chicago’s most sought-after neighborhoods-schedule a viewing today!

Property Details

Price:
$524,900
MLS #:
MRD12447953
Status:
Active Under Contract
Beds:
6
Baths:
5
Type:
Multi Family
Neighborhood:
chigrandboulevard
Listed Date:
Aug 15, 2025
Year Built:
1895
Chi – Grand BoulevardChigrandboulevard

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$28,436
Tax Year
2023
Taxes
$7,554

Listing Agent & Office

James Mattz
Keller Williams Preferred Rlty

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