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4742-46 S Michigan Avenue, Chicago, IL 60615

$8,495,000
  • 4742-46 S Michigan Avenue, Chicago, IL 60615 Main Photo

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Re-activated
BEDS0 BATHS MLS#12595592
STATUSRe-activated PROPERTY TYPEMulti Unit - Multiple

Property Description

Unbelievable trophy-piece opportunity, three 8 unit boutique buildings, 24 Units fully stabilized, condo-quality and developed in 2025 in the Heart of Bronzeville. Each building features TWO front and back 3 bed 3 bath duplex units and SIX front and back 2 bed/2 bath simplex units. Many high-design details, from hallway accents to primary suite wall details meant to set this apart. Highlights include sleek profile shaker cabinet in eye-catching earth tone, stainless steel appliances, quartz island with full backsplash and an abundance of countertop space for entertaining, cooking and dining space. LVT flooring throughout is stylish and easy to maintain. Abundant natural light in all units with walk-out terraces. Design features make this a desirable rental with thoughtful walk-in closets, elevated bath finishes & designer lighting. Maintenance will be eased with high-efficiency furnaces, tankless water heater, In-unit washer/dryer, intercom system and professionally managed premises. 4 outdoor parking spaces available per building. 6.3 Cap Rate, perfect for 1031 exchange.

4742-46 S Michigan Avenue | MLS# 12595592

This multi-family property located at 4742-46 S Michigan Avenue, Chicago, IL 60615 is currently listed for sale with an asking price of $8,495,000. Search Chicago real estate on www.bhhscrosby.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 75 x 125
Stories: 3.0
Taxes: $78,465
Year Built: 2025

Feature Descriptions

Current Use: Multi-Family
Drains: Balcony/ies, Enclosed Stairs, Security Gate
Electric: Circuit Breakers
Exterior: Brick, Block, Stone
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air, Gas
Lot Dimensions: 75 x 125
Miscellaneous Outdoor: Balcony/ies, Enclosed Stairs, Security Gate
Parcel#: 20101010270000
Parking: 13-18 Spaces
Tenant Pays: Electricity, Heat
Units: 24

Listed By / Shown By

Listed By

Agency Name: North Clybourn Group, Inc.
Agency Phone: 773-252-0600

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Estimated Payment

$ 27,922.65 per month $18,906.19 Principal & Interest $6,538.75 Property Tax $2,477.71 Homeowner's Insurance

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