For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Renovated 9-Unit Building in Chicago Title is generated by Realmo AI

    442-444 E 48th Street, Chicago, IL 60615

    View on Map
    Claim this Listing
    Pending
    $4,000,000

    MULTI_FAMILY - Chicago, IL

    Added:
    Oct 30, 2025
    Days on Market:
    205
    Last Refresh:
    May 22 at 1:06 pm

    Property Features for 442-444 E 48th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    29
    Bathrooms
    23
    Rooms
    Bathroom 15, Bathroom 7, Bedroom 28, Bathroom 16, Bedroom 8, Bedroom 19, Bedroom 25, Bedroom 2, Bathroom 12, Bedroom 23, Bathroom 14, Bedroom 6, Bathroom 6, Bathroom 13, Bedroom 26, Bathroom 20, Bedroom 24, Bathroom 3, Bedroom 15, Bedroom 11, Bathroom 1, Bedroom 10, Bedroom 16, Bedroom 4, Bathroom 21, Bathroom 5, Bedroom 7, Bedroom 17, Bedroom 29, Bedroom 3, Bathroom 9, Bedroom 21, Bathroom 17, Bedroom 9, Bathroom 10, Bathroom 2, Bedroom 18, Bathroom 8, Bathroom 19, Bathroom 23, Bedroom 12, Bedroom 5, Bedroom 1, Bedroom 14, Bathroom 18, Bedroom 27, Bedroom 22, Bathroom 4, Bathroom 11, Bathroom 22, Bedroom 13, Bedroom 20
    Standard status
    Pending
    APN
    20102000210000

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    12000

    Building Details

    Year built
    1902
    Floors in Building
    3
    Number of units
    9

    We can help!

    Listing Contact
    Jaymi Block
    Jaymi Block

    Listing agent Jaymi Block License #471019251

    Listing office REMAX Legends 17W480 22nd St, Oakbrook Terrace, IL

    Listing date Oct 30, 2025

    MLS# 12499290 Listing URL

    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.

    HighLights

    • High income potential: Projected gross income of approximately $33,500/month.
    • Fully renovated 9‑unit building with all‑new mechanical, electrical, plumbing, and HVAC systems.
    • Prime location in Bronzeville, minutes from Hyde Park, the University of Chicago, Washington Park, and the lakefront.
    • Diverse unit mix: (3) 4 BD/3BA, (3) 3BD/2.5BA, and (3) garden units, all with custom kitchens, spa‑inspired baths, and in‑unit laundry.
    • Low taxes: Approximately $12,000 annually with one PIN.
    • Turnkey investment: Fully renovated and ready for immediate occupancy and rental.

    Overview

    This fully renovated 9-unit brick building is located in Bronzeville, minutes from Hyde Park, the University of Chicago, Washington Park, and the lakefront. The property features over 16,000 finished square feet. The building includes (3) 4-bedroom, 3-bathroom units, (3) 3-bedroom, 2.5-bathroom units, and (3) garden units. Each residence has been renovated with new mechanical, electrical, plumbing, and HVAC systems. Units feature custom kitchens, spa-inspired baths, and in-unit laundry. The property's low taxes (approximately $12,000) and proximity to Chicago's cultural and commercial hubs add to its investment potential. Projected rents between $3,250 and $4,250 per month deliver a pro forma gross income of approximately $33,500 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.61456
    Latitude
    41.807814

    FAQs

    What type of property is this?
    Apartment building - Fully renovated 9-unit building near Hyde Park and lakefront.
    Where is this apartment building located?
    The property is located at 442-444 E 48th Street Chicago, IL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: High income potential: Projected gross income of approximately $33,500/month.; **Fully renovated 9‑unit building** with all‑new mechanical, electrical, plumbing, and HVAC systems.; Prime location in Bronzeville, minutes from Hyde Park, the University of Chicago, Washington Park, and the lakefront.
    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