4742-46 S Michigan Avenue Chicago, IL 60615
MULTI_FAMILY - Chicago, IL
- Added:
- Mar 18, 2026
- Days on Market:
- 15
- Last Refresh:
- Apr 1 at 10:06 am
Property Features for 4742-46 S Michigan Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- MULTI
- Bedrooms
- 54
- Bathrooms
- 54
- Rooms
- Bathroom 28, Bedroom 54, Bathroom 42, Bathroom 44, Bedroom 40, Bathroom 11, Bedroom 47, Bathroom 21, Bathroom 48, Bedroom 13, Bathroom 19, Bathroom 20, Bathroom 54, Bedroom 24, Bedroom 32, Bedroom 10, Bedroom 26, Bedroom 21, Bathroom 31, Bedroom 22, Bedroom 31, Bedroom 20, Bedroom 39, Bathroom 25, Bathroom 52, Bedroom 23, Bathroom 15, Bedroom 5, Bedroom 48, Bathroom 35, Bedroom 16, Bedroom 36, Bathroom 3, Bedroom 25, Bedroom 15, Bathroom 36, Bathroom 7, Basement, Bathroom 22, Bathroom 9, Bedroom 37, Bedroom 3, Bedroom 50, Bedroom 11, Bathroom 34, Bathroom 17, Bathroom 40, Bedroom 12, Bathroom 1, Bathroom 51, Bathroom 10, Bathroom 4, Bathroom 50, Bathroom 18, Bedroom 28, Bathroom 23, Bedroom 8, Bathroom 5, Bathroom 24, Bathroom 26, Bedroom 42, Bedroom 51, Bathroom 43, Bathroom 38, Bathroom 16, Bathroom 49, Bedroom 6, Bathroom 41, Bedroom 4, Bathroom 47, Bedroom 27, Bedroom 49, Bedroom 2, Bathroom 39, Bathroom 53, Bathroom 46, Bathroom 2, Bathroom 12, Bathroom 13, Bathroom 14, Bedroom 9, Bedroom 43, Bathroom 32, Bedroom 52, Bedroom 46, Bathroom 8, Bedroom 35, Bedroom 19, Bedroom 34, Bedroom 33, Bedroom 53, Bathroom 45, Bedroom 14, Bedroom 41, Bathroom 37, Bedroom 1, Bathroom 29, Bedroom 38, Bedroom 7, Bedroom 29, Bedroom 44, Bathroom 27, Bedroom 18, Bedroom 30, Bedroom 45, Bathroom 30, Bathroom 33, Bedroom 17, Bathroom 6
- Basement
- Finished
- Standard status
- Active
- APN
- 20101010270000
Taxes and HOA fees
- TaxYear
- 2024
- TaxAnnualAmount
- 78465
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2025
- Floors in Building
- 3
- Number of units
- 24
- Building materials
- Brick, Block, Stone
Listing agent Karen Biazar License #471003309 (773) 252-0600
Listing office North Clybourn Group, Inc. 2324 W North Ave, Chicago, IL (773) 252-0600
Listing date Mar 18, 2026
MLS# 12595592
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Stabilized Boutique Buildings in Bronzeville
This is an unbelievable trophy-piece opportunity featuring three 8-unit boutique buildings, totaling 24 fully stabilized units, developed in 2025 in the heart of Bronzeville. Each building includes two front and back 3-bed, 3-bath duplex units and six front and back 2-bed, 2-bath simplex units. The units feature high-design details, from hallway accents to primary suite wall details. Sleek profile shaker cabinets in earth tones, stainless steel appliances, and quartz islands with full backsplashes provide abundant countertop space for entertaining, cooking, and dining. LVT flooring throughout is stylish and easy to maintain. Abundant natural light fills all units, which also include walk-out terraces. Design features include walk-in closets, elevated bath finishes, and designer lighting. Maintenance is eased with high-efficiency furnaces, tankless water heaters, in-unit washer/dryers, intercom systems, and professionally managed premises. Four outdoor parking spaces are available per building. The property is operating at a 6.3 Cap Rate, making it perfect for a 1031 exchange.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
1031 exchange properties
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.623277
- Latitude
- 41.807905
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 24 condo-quality units developed in 2025, perfect for 1031 exchange.
Where is this apartment building located?
The property is located at 4742-46 S Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $8,495,000.
What are key features of this property?
This property features: 24 fully stabilized, condo‑quality units developed in 2025, offering immediate rental income and modern construction.; Three 8‑unit boutique buildings in the heart of Bronzeville, a desirable and accessible location.; Attractive 6.3% Cap Rate, making it a strong investment opportunity, perfect for a 1031 exchange.
