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4840 S Indiana Avenue
Chicago IL 60615 US

$4,240,000

Active Listing ID 12524343
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38 bed
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23.00 Bath (23 Full)
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Lot: 0.46 Acres
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Other

$4,240,000

Active Listing ID 12524343
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4840 S Indiana Avenue 7.5 CAP Breathe Rare Air. The sellers of this property portfolio are not just seasoned investors; they are passionate visionary stewards with over 45 years of experience in branded high quality property development and management. Since 2007, they have meticulously curated each asset in the Bronzeville collection, focusing on longevity, quality, and the future potential of every investment. Every property reflects an unwavering commitment to excellence. From intelligent design choices to extensive renovations and improvements that prioritize durability, modernity, and lifestyle, they ensured no detail is overlooked. Their approach integrates a long-term vision with a hands-on philosophy, balancing aesthetic appeal and functionality while fostering strong tenant communities. A rare opportunity to obtain a sizeable AAA turnkey footprint from the best of the best. Welcome to 4834-46 S Indiana, An Exquisite, Curated, Panoramic Campus of the Bronzeville Collection spans 125 x 160.58 just over a 1/2 acre perfectly positioned in Dynamic Bronzeville. A Classic Chicago All Masonry 23 Unit walk up with 20 parking spaces. The development team embraced this extensive undertaking showcasing superior craftsmanship and attention to detail with fully documented capital improvements and have hit every metric of turnkey asset offering abundant choice for numerous investment objectives. The scope of renovation and notable documented capital improvements interior and exterior include but not limited to extensive masonry & concrete, roof and gutters, common area and lobbies, deck system, central heating system, parking lot design and development, artesian sculptured iron fencing, inspired botanical garden park like setting rivaling arboretum status, zoned irrigation system inclusive of grounds and parkway controlled by app, flagstone pavers, exotic tree placards emulating the Chicago Botanical Gardens listing the origin, name and year planted, custom designed and built outdoor BBQ and picnic tables, and bike room Unit Mix offers diverse floor plans for every price point (1) 3-bedroom 1 bath (16) 2- bedroom 1 bath (3) 1 bedroom 1 bath (3) Junior 1 bedroom 1 bath Fluid integration of endless details and appointments, bathed in natural light with panoptic vistas, offer rich transitional and modernist kitchens, quartz and granite, intricate tile applications, accessory niches, resort caliber baths, hardwood floors, premium mill work, central hot water heating system with individual a/c, washer dryers in unit, custom closets organizers, window treatments, dimmers, hi style designer lighting, use of all garden and grounds, the common area rival boutique hotel luxury complete with professional grade art offer a branded lifestyle that resonates with discerning residents and a soft sampling of the exhausting list of building and unit features. Rarely vacant An unparalleled investment opportunity 318, 068.41k NOI Please see brokers private remarks for additional scaling opportunities.

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Property Features

  • Facts
  • Lot Size: 0.46 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 23
  • Cooling System: Window Unit(s)
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 4240000
  • unparsedaddress: 4840 S Indiana Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60615
  • bathroomsfull: 23
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.46
  • lotsizeunits: Acres
  • lotsizearea: 0.46
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.806224
  • longitude: -87.621615
  • listagentfullname: Karen Biazar
  • listagentemail: karen@northclybourngroup.com
  • listagentkey: 3yd-MREDIL-125093
  • listagentmlsid: 125093
  • listagentpreferredphone: (773) 252-0600
  • listagentofficephone: 7736457900
  • listofficekey: 3yd-MREDIL-12604
  • listofficemlsid: 12604
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1900
  • listingcontractdate: 2025-11-26
  • listagenturl: http://www.ncgchicago.com
  • countyorparish: Cook
  • parcelnumber: 20101080190000
  • cooling: Window Unit(s)
  • constructionmaterials: Brick, Stone
  • numberofunitstotal: 23
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 17, Bedroom 36, Bedroom 24, Bathroom 7, Bathroom 23, Bedroom 21, Bedroom 22, Bathroom 13, Bedroom 6, Basement, Bathroom 9, Bedroom 1, Bedroom 12, Bedroom 31, Bedroom 30, Bedroom 9, Bedroom 38, Bathroom 5, Bedroom 14, Bathroom 20, Bathroom 22, Bathroom 6, Bathroom 21, Bedroom 3, Bedroom 10, Bedroom 15, Bedroom 29, Bathroom 15, Bedroom 2, Bedroom 19, Bathroom 4, Bedroom 26, Bedroom 18, Bedroom 37, Bathroom 10, Bedroom 4, Bathroom 19, Bedroom 5, Bedroom 7, Bedroom 17, Bedroom 25, Bathroom 12, Bedroom 16, Bedroom 33, Bathroom 1, Bathroom 16, Bedroom 32, Bedroom 23, Bathroom 2, Bedroom 8, Bedroom 34, Bathroom 8, Bedroom 13, Bathroom 18, Bathroom 3, Bedroom 35, Bathroom 14, Bedroom 20, Bedroom 11, Bathroom 11, Bedroom 27, Bedroom 28
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.62161, 41.806225
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"North Clybourn Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"karen@northclybourngroup.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ca@ncgchicago.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"North Clybourn Group, Inc.", "ListBrokeragePhone":"(773) 252-0600", "ListBrokeragePostalCode":"60647", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2324 W North Ave.", "ListBrokerageWebsiteUrl":"http://www.ncgchicago.com", "ListOfficeAddress1":"2324 W North Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"12604", "ListOfficeCity":"Chicago", "ListOfficeCountry":"USA", "ListOfficeEmail":"ca@ncgchicago.com", "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4840-S-Indiana-Ave_Chicago_IL_60615_M72430-62392?f=listhub&s=MREDIL&m=12524343&c=rexren", "MLSModificationTimestamp":"2025-12-20 08:02:30", "Neighborhoods":[{"Description":null, "Name":"CHI - Grand Boulevard"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":40811, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2025 8:43:24 AM GMT
Source Updated Date: 12/20/2025 6:50:27 PM GMT

Courtesy of: Karen Biazar, North Clybourn Group, Inc., karen@northclybourngroup.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.