4809 S Indiana Ave Chicago, IL 60615
Grand Boulevard NeighborhoodEstimated payment $2,322/month
About This Lot
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
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,266
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,266 | $22,043 | $22,043 | -- |
| 2023 | $2,209 | $10,707 | $10,707 | -- |
| 2022 | $2,209 | $10,707 | $10,707 | $0 |
| 2021 | $2,159 | $10,706 | $10,706 | $0 |
| 2020 | $2,385 | $10,706 | $10,706 | $0 |
| 2019 | $2,151 | $10,706 | $10,706 | $0 |
| 2018 | $2,115 | $10,706 | $10,706 | $0 |
| 2017 | $1,898 | $8,817 | $8,817 | $0 |
| 2016 | $1,766 | $8,817 | $8,817 | $0 |
| 2015 | $1,616 | $8,817 | $8,817 | $0 |
| 2014 | $1,402 | $7,557 | $7,557 | $0 |
| 2013 | $1,374 | $7,557 | $7,557 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | For Sale | $385,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12424522
APN: 20-10-109-003-0000
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