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Three-Unit Greystone Residence
For Sale
$799,000
Pending

438 E 45TH Place, Chicago, IL 60653

MULTI_FAMILY - Other - Chicago, IL

Property SizeContact for details
Days on Market8

Property Features for 438 E 45TH Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 9, Bedroom 5, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 6, Bedroom 1, Bedroom 6, Basement, Bathroom 4
Parking 2
Parking features Garage, Open
Patio and Porch features Deck, Patio
Basement Unfinished, Full
Subdivision Bronzeville
Elementary school Mollison Elementary School
High school Dyett Academic Center High Schoo
Elementary school district 299
Middle school district 299
High school district 299
Directions From 45th street and King Drive east 2 blocks to Vincennes, South 2 blocks to 45th PLACE, one way turn right to property, NOTE THIS IS 45th PLACE NOT 45th STREET
Standard status Pending
APN 20034140250000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8404

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

gated entry
professionally landscaped
irrigation system
hardwood floors
gourmet kitchens
granite countertops
quartz countertops
stainless appliances
washer and dryer
central air
gas forced air
individual hot water tanks
closet organizers
window treatments
designer lighting
oversized vanities
tub/shower
built-in medicine cabinets
stone and marble
rear decks
oversized patio
full unfinished basement

Building Details

Year built 1887
Building materials Brick, Stone
Roof type Flat
Architectural style Other
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471003309
Added: Aug 4 Changed: Aug 11 Last Checked: Aug 11 at 11:06PM
MLS# 12711183

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.

Built in 1887, this brick and stone multifamily property contains three residences, each offering three bedrooms, two bathrooms, and a separate formal dining room. Interior features include hardwood flooring, detailed millwork, crown molding, picture rails, updated kitchens with granite or quartz countertops and stainless appliances, in-unit laundry, separate central air, gas forced-air heating, and individual hot water tanks. The property also includes stone and marble bathroom finishes, organized closets, window treatments, and designer lighting.

Gated access opens to professionally landscaped grounds with irrigation, rear decks, and an oversized patio. A two-car garage and open parking support the property, while the divided full unfinished basement provides private storage and mechanical areas. The front basement section has a dedicated entry and exit. Located at 438 E 45TH Place in Chicago, the property is near King Drive, the Green Line, the lakefront, South Loop, the University of Chicago, and Hyde Park. Exterior power washing, tuckpointing, and masonry restoration were completed in 2026.

Key Highlights

  • Three residences, each with 3 bedrooms, 2 bathrooms, and a separate formal dining room
  • 438 E 45TH Place, Chicago, IL 60653
  • Brick and stone construction dating to 1887

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Auto Parts Store Carpet & Flooring Store Building Supply (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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,515
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
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Frequently Asked Questions

What type of property is this?
Triplex - Brick multifamily property with upgraded interiors, private outdoor areas, and a detached two-car garage.
Where is this triplex located?
The property is located at 438 E 45TH Place Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three residences, each with 3 bedrooms, 2 bathrooms, and a separate formal dining room; 438 E 45TH Place, Chicago, IL 60653; Brick and stone construction dating to 1887
More about this property
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