Apartment Buildings with
New
For Sale
$8,495,000
4742-46 S Michigan Avenue, Chicago, IL 60615
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market3
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
Full bathrooms
54
Rooms
Bathroom 38, Bedroom 37, Bathroom 33, Bathroom 6, Bathroom 45, Bathroom 48, Bathroom 28, Bathroom 7, Bathroom 23, Bathroom 9, Bathroom 37, Bedroom 19, Bathroom 40, Bathroom 21, Bathroom 43, Bathroom 27, Bedroom 31, Bedroom 16, Bedroom 7, Bedroom 26, Bedroom 53, Bathroom 20, Bedroom 28, Bathroom 50, Bedroom 46, Bathroom 35, Bathroom 51, Bedroom 1, Bathroom 31, Bedroom 11, Bathroom 30, Bedroom 27, Bedroom 43, Bedroom 48, Bedroom 42, Bedroom 4, Bathroom 54, Bedroom 20, Bedroom 33, Bathroom 15, Bathroom 17, Basement, Bedroom 30, Bedroom 41, Bathroom 16, Bathroom 26, Bedroom 2, Bathroom 53, Bathroom 42, Bedroom 17, Bathroom 34, Bedroom 18, Bedroom 52, Bathroom 8, Bedroom 32, Bathroom 10, Bathroom 13, Bedroom 29, Bedroom 8, Bedroom 51, Bedroom 14, Bedroom 13, Bathroom 52, Bathroom 29, Bathroom 25, Bedroom 35, Bedroom 34, Bedroom 9, Bedroom 12, Bedroom 39, Bedroom 3, Bathroom 32, Bathroom 4, Bathroom 5, Bedroom 21, Bedroom 5, Bathroom 3, Bathroom 19, Bedroom 47, Bathroom 22, Bathroom 24, Bedroom 45, Bathroom 47, Bathroom 41, Bathroom 1, Bedroom 15, Bedroom 54, Bathroom 39, Bedroom 36, Bathroom 49, Bedroom 23, Bathroom 2, Bathroom 46, Bedroom 44, Bedroom 25, Bedroom 49, Bedroom 40, Bedroom 22, Bedroom 6, Bedroom 24, Bedroom 50, Bathroom 14, Bathroom 36, Bedroom 10, Bedroom 38, Bathroom 12, Bathroom 44, Bathroom 11, Bathroom 18
Basement
Finished
Directions
From 47th ST south on Michigan avenue
Subdivision
CHI - Grand Boulevard
Standard status
Active
APN
20101010270000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
78465
Utilities
Cooling system
Central Air
Amenities
walk-out terraces
in-unit washer/dryer
intercom system
high-efficiency furnaces
tankless water heater
Building Details
Year built
2025
Floors in Building
3
Number of units
24
Building materials
Brick, Block, Stone
Listing Agency:
North Clybourn Group, Inc.
(773) 252-0600
Listed By:
Karen Biazar · License #471003309
(773) 252-0600
Added: Aug 20
Last Checked: Aug 22 at 9:06PM
MLS# 12738130
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.
Investment Insights
Based on property information with market context.
This multifamily offering at 4742-46 S Michigan Avenue comprises three eight-unit apartment buildings with 24 units total. The mix includes two three-bedroom, three-bath duplex units and six two-bedroom, two-bath simplex units in each building. Residences feature shaker cabinetry, stainless steel appliances, quartz kitchen islands with full backsplashes, LVT flooring, walk-in closets, upgraded bathroom finishes, designer lighting, and walk-out terraces.
Building systems include central air, high-efficiency furnaces, tankless water heaters, in-unit washers and dryers, and intercom service. Brick, block, and stone construction materials are specified, with four outdoor parking spaces available per building. The property is located in Chicago’s Bronzeville area and carries MULTI zoning. A 6.3 Cap Rate is provided in the listing information.
Building systems include central air, high-efficiency furnaces, tankless water heaters, in-unit washers and dryers, and intercom service. Brick, block, and stone construction materials are specified, with four outdoor parking spaces available per building. The property is located in Chicago’s Bronzeville area and carries MULTI zoning. A 6.3 Cap Rate is provided in the listing information.
Key Highlights
- 24‑unit multifamily offering across three eight‑unit apartment buildings
- Each building includes two 3‑bedroom, 3‑bath duplex units and six 2‑bedroom, 2‑bath simplex units
- Walk‑out terraces serve the apartment units
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
Explore this area
Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three multifamily buildings offer duplex and simplex layouts with private outdoor terraces, contemporary finishes, and central air conditioning.
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‑unit multifamily offering across three eight‑unit apartment buildings; Each building includes two 3‑bedroom, 3‑bath duplex units and six 2‑bedroom, 2‑bath simplex units; Walk‑out terraces serve the apartment units
