BEDS0
BATHS
MLS#12499290
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
Property Description
Discover a rare investment opportunity where timeless architecture meets modern luxury. Nestled in the heart of Bronzeville, just minutes from Hyde Park, the University of Chicago, Washington Park, and the lakefront, this fully renovated 9-unit brick building exudes character and craftsmanship at every turn. Over 16k finished sq ft ! Each residence has been reimagined with all-new mechanicals, electrical, plumbing, and HVAC systems, blending contemporary convenience with the preserved charm of the original structure. Thoughtfully designed layouts include (3) 4 BD/3BA, (3) 3BD/2.5BA, and (3) garden units: all featuring custom kitchens, spa-inspired baths, and in-unit laundry. Projected rents between $3,250-$4,250 per month deliver a pro forma gross income of approximately $33,500/month, making this both a turnkey acquisition and a long-term growth asset. With one PIN, low taxes (~$12,000), and proximity to Chicago's premier cultural and commercial hubs, this property represents the perfect balance of historic elegance, modern performance, and exceptional investment potential.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.24 Acres
Stories: 3.0
Taxes: $12,000
Year Built: 1902
Feature Descriptions
HVAC: Central Heat/Indiv Controls, Forced Air, Gas
Lot Dimensions: 163X65
Parcel#: 20102000210000
Units: 9
Listed By / Shown By
Listed By
Agency Name: REMAX Legends
Agency Phone: 630-216-8000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 11,068.93 per month $8,902.27 Principal & Interest $1,000.00 Property Tax $1,166.67 Homeowner's InsuranceChange Payment Information
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442-444 E 48th Street | MLS# 12499290
This multi-family property located at 442-444 E 48th Street, Chicago, IL 60615 is currently listed for sale with an asking price of $4,000,000. Search Chicago real estate on www.bhhscrosby.com today.