Chicago, IL 60615,4809 S Indiana Avenue
Chicago, IL 60615,4809 S Indiana Avenue
Chicago, IL 60615,4809 S Indiana Avenue
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$385,000
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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12424522

Annual Tax Amount $2,266

Tax Year 2023

Lot Dimensions 7,952

Property Sub-Type Land

Property Description

Unlock the potential of this oversized 7,952 sq ft RS5 infill lot at 4809 S Indiana Ave. Zoned for single-family or duplex units, the parcel lies just blocks from transit (43rd Green Line, CTA Routes 29/43), schools, eateries, and cultural venues. Based on recent comps: A 2,500 sq ft singlefamily could sell for $300-400/sq ft, equating to $750K-$1M post-construction. A higher-density twounit duplex or threeflat could potentially reach $1.2M+ in total value, matching nearby renovated multiunit buildings Build your vision here: whether a modern 2,200-2,500 sq ft singlefamily home or a smart duplex approach, this lot delivers strong upside with comparable properties offering $300 +/sq ft value and dense new development activity. A rare offering in Bronzeville's up-and-coming infill corridor - ready to break ground

Location

State IL

County Cook

Interior

Fireplace N

Exterior

Utilities Available Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

View Y/N true

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


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Listed by Yolanda Jeffries • Lux Life Realty LLC

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agent

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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4809 S Indiana Avenue