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Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12624745MLS Provider

4650 S Indiana AvenueChicago, IL 60653

Commercial · 14,000 Sq. ft.
$2,000,000 Active

4650 S Indiana Avenue Overview

Time on Site:
70 days
Visits:
1

Welcome to a prime opportunity to own or lease a high-visibility commercial retail building in the heart of Chicago's vibrant Bronzeville neighborhood. This spacious 14,000 sq ft property at 4650 S Indiana Ave features five separate storefronts and benefits from flexible B3-3 zoning, allowing for a wide range of retail, service, or mixed-use possibilities. Perfectly positioned for both customers and employees, the location offers convenient access to the CTA Green Line and Red Line, along with multiple entrances to the I-90/94 expressway. This makes it easy for patrons to reach your business from anywhere in the city. The property also includes onsite parking and sits in a high-traffic area with excellent street visibility, ideal for attracting steady foot and drive-by traffic. Whether you're launching a new venture or expanding an existing one, this versatile retail space is ready to support your success.

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4650 S Indiana Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 14,000
  • Price/Sq.ft. $143

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 0

Building Information

  • Year Built: 1948

Business Information

  • Business Type: Retail
  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard

Rent/Lease Information

  • Tenant Pays: Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Other, Varies by Tenant

Tax Information

  • Tax Annual Amount: $41,884.97
  • Tax Year: 2024

General Information

  • Parcel Number: 20033200310000
  • Property Type: Commercial Sale
  • Zoning: RTAIL

Interior

Building Interior

  • Building Area Total: 14000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Service - 0 to 100 Amps, Service - 101 to 200 Amps
  • Flooring: Vinyl
  • Leasable Area: 7500
  • Stories: 2

Unit Information

  • Unit SqFt.: 14000

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 161X128
  • Lot Size Square Feet: 20608

General Information

  • Number Of Units Total: 4

4650 S Indiana Avenue Neighborhood

Community

60653 (Chicago) Demographics

35
Median Age
11,237
Population Density (per sq. mile)
43%
College Educated
$34,621
Estimated Median Income
4,433
Estimated Total Home Owners
11,501
Estimated Total Renters
28% / 72%
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.

4650 S Indiana Avenue Monthly Cost

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Eric Nowik
* 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.

4650 S Indiana Avenue Market Data

Based on the last 30 days in this zip code

$445,053
Average List Price
$227
Average Price per Square Foot
19
Properties Sold
46
Average Days on Market
72
Properties for Sale
Calculations provided by Reliance Network

4650 S Indiana Avenue History

Date Event Value Agent
4/25/2026Source: MRED Status Change
Active
4/20/2026Source: MRED Added to Database
April 20, 2026
8/26/2024Source: MRED Status Change
Rented
3/27/2024Source: MRED Status Change
Active
3/22/2024Source: MRED Added to Database
March 22, 2024
3/21/2024Source: MRED Status Change
Rented