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Listing provided courtesy of Halsted Taylor Real EstateMREDas Distributed by MLSGrid- MLS# 12444511MLS Provider

6847 S Indiana AvenueChicago, IL 60637

Commercial · 5 Beds · 8,000 Sq. ft. | 0.25 Acres
$680,000 Active

6847 S Indiana Avenue Overview

Time on Site:
321 days
Visits:
3

6 unit building that was fully rehabbed within recent years. This building has an excellent unit mix of 3 x 2 bedrooms and 3 x 3 bedrooms. Each unit has an individual furnace, hardwood flooring, updated kitchen and bathroom and more. The property is turnkey and ready for a new owner to step into cash flow from day 1.

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6847 S Indiana Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 8,000
  • Price/Sq.ft. $85
  • Lot 0.25 Acres

Details

General

Association/HOA

  • Association Fee Includes: None

Income/Expenses

  • Other Expense: 4920
  • Electric Expense: 1020
  • Fuel Expense: 0
  • Gross Income: 93984
  • Gross Scheduled Income: 93984
  • Insurance Expense: 6000
  • Maintenance Expense: 1800
  • Net Operating Income: 61032
  • Operating Expense: 24924
  • Trash Expense: 1380
  • Water Sewer Expense: 3300

Building Information

  • Year Built: 1927

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Confidential Commercial Listings
  • Township: Lake

Rent/Lease Information

  • Tenant Pays: Electricity, Heat

Tax Information

  • Tax Annual Amount: $8,028.00
  • Tax Year: 2023

General Information

  • Parcel Number: 20223090430000
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 8000

General Information

  • Basement: None
  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Fireplaces Total: 0
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Acres: 0.25
  • Lot Size Dimensions: 30x125
  • Lot Size Square Feet: 3750
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Membrane

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 3
  • Baths Total: 1
  • Units Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 3

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

6847 S Indiana Avenue Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6847 S Indiana Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6847 S Indiana Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

6847 S Indiana Avenue History

Date Event Value Agent
4/15/2026Source: MRED Status Change
Active
4/10/2026Source: MRED Status Change
Re-activated
2/26/2026Source: MRED Status Change
Contingent
8/17/2025Source: MRED Status Change
Active
8/12/2025Source: MRED Added to Database
August 12, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022
6/20/2022Source: MRED Added to Database
January 27, 2022