Search
12-Unit Walk-Up Apartment Building
For Sale
$1,475,000

4317 South Michigan Avenue, Chicago, IL 60653

Walk-up apartment property offering an even mix of one- and two-bedroom residences.

Property Size9,600 SF
Days on Market94

Property Features for 4317 South Michigan Avenue

General Information

Standard status Active
Size 9,600 SF
Property subtype Multifamily

Units

Unit Mix 6 x 1Bd/1Ba, 6 x 2Bd/1Ba
Multifamily Units 12

Additional Details

Utilities to Site Yes

Building Details

Building Size 9,600 SF
Listed By: Noah Birk · License #ILLINOIS #475125864
Source: Kisergroup
Added: Jun 1 Changed: Aug 30 Last Checked: Aug 31 at 4:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Noah Birk

Investment Insights

Based on property information with market context.

This 12-unit walk-up apartment building at 4317 South Michigan Avenue includes six one-bedroom, one-bath residences and six two-bedroom, one-bath residences. Building systems include a Peerless boiler with R&D controls and 600-amp electric service.

The property is located in Bronzeville on Chicago’s South Side, with downtown Chicago approximately a 15-minute drive away. Its unit mix combines smaller and larger apartment layouts within a compact multifamily configuration.

Key Highlights

  • 12‑unit walk‑up apartment building
  • Six 1Bd/1Ba units and six 2Bd/1Ba units
  • Peerless boiler with R&D controls

Property Analytics

Current Use

A1 Pest Control Garden Center

Suggested Use

Top Pick Law Firm HVAC Service Carpet & Flooring Store Bakery Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Walk-up apartment property offering an even mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 4317 South Michigan Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 12‑unit walk‑up apartment building; Six 1Bd/1Ba units and six 2Bd/1Ba units; Peerless boiler with R&D controls
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message