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    Bronzeville Boutique Apartment Buildings Title is generated by Realmo AI

    4742-46 S Michigan Avenue, Chicago, IL 60615

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    Claim this Listing
    New
    For Sale
    $8,495,000

    MULTI_FAMILY - Chicago, IL

    Added:
    May 27, 2026
    Days on Market:
    1
    Last Refresh:
    May 27 at 8:06 pm

    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
    Bedroom 53, Bathroom 19, Bedroom 50, Bathroom 4, Bathroom 37, Bathroom 21, Bedroom 25, Bedroom 9, Bathroom 35, Bedroom 52, Bedroom 34, Bathroom 30, Bathroom 32, Bathroom 16, Bedroom 28, Bedroom 42, Bedroom 11, Bathroom 5, Bedroom 17, Bathroom 23, Bathroom 9, Bathroom 46, Bathroom 48, Bathroom 18, Bedroom 48, Bathroom 11, Bedroom 30, Bathroom 12, Bedroom 2, Bedroom 1, Bathroom 17, Bedroom 13, Bathroom 13, Bedroom 29, Bathroom 42, Bedroom 15, Bedroom 14, Bedroom 24, Bathroom 28, Bathroom 27, Bedroom 39, Bedroom 37, Bedroom 20, Bathroom 15, Bathroom 39, Bedroom 49, Bedroom 21, Bedroom 18, Bedroom 16, Bedroom 46, Bathroom 26, Bathroom 33, Bathroom 14, Bedroom 35, Bathroom 41, Bedroom 32, Bedroom 12, Bathroom 52, Basement, Bedroom 10, Bathroom 1, Bedroom 45, Bathroom 53, Bedroom 43, Bedroom 26, Bathroom 29, Bedroom 51, Bedroom 22, Bathroom 38, Bathroom 3, Bedroom 31, Bedroom 44, Bedroom 5, Bedroom 36, Bedroom 33, Bathroom 31, Bathroom 54, Bathroom 22, Bedroom 7, Bathroom 10, Bedroom 38, Bedroom 47, Bedroom 41, Bathroom 25, Bathroom 2, Bathroom 45, Bathroom 6, Bedroom 23, Bathroom 44, Bathroom 43, Bathroom 8, Bedroom 40, Bedroom 27, Bedroom 19, Bathroom 20, Bathroom 24, Bedroom 8, Bathroom 47, Bathroom 50, Bathroom 51, Bedroom 4, Bedroom 3, Bathroom 34, Bedroom 6, Bathroom 7, Bathroom 49, Bedroom 54, Bathroom 36, Bathroom 40
    Basement
    Finished
    Standard status
    Active
    APN
    20101010270000

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    78465

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Floors in Building
    3
    Number of units
    24
    Building materials
    Brick, Block, Stone

    We can help!

    Listing Contact
    Karen Biazar
    Karen Biazar

    Listing agent Karen Biazar License #471003309

    Listing office North Clybourn Group, Inc. 2324 W North Ave, Chicago, IL

    Listing date May 27, 2026

    MLS# 12659622 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

    • 24 fully stabilized, condo‑quality units in three boutique buildings, developed in 2025.
    • Located in the Heart of Bronzeville.
    • Strong investment opportunity with a 6.3 Cap Rate, suitable for a 1031 exchange.
    • Each building contains a mix of two 3 bed/3 bath duplex units and six 2 bed/2 bath simplex units.
    • High‑end design details including sleek shaker cabinets, stainless steel appliances, quartz islands with full backsplashes, and LVT flooring.
    • Practical amenities include in‑unit washer/dryers, high‑efficiency furnaces, tankless water heaters, intercom systems, professionally managed premises and 4 outdoor parking spaces per building.

    Overview

    This is an opportunity to acquire three boutique buildings, each containing eight units, totaling 24 units. Developed in 2025 and fully stabilized, these condo-quality apartments are located in the heart of Bronzeville. Each building features two front and back 3-bed, 3-bath duplex units and six front and back 2-bed, 2-bath simplex units. The apartments feature high-design details, including sleek profile shaker cabinets in earth tones, stainless steel appliances, and quartz islands with full backsplashes. The countertops offer ample space for entertaining, cooking, and dining. LVT flooring is installed throughout each unit. 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 suitable for a 1031 exchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    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
    -87.623277
    Latitude
    41.807905

    FAQs

    What type of property is this?
    Apartment building - Three 8-unit buildings developed in 2025, fully stabilized.
    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 in three boutique buildings, developed in 2025.; Located in the Heart of Bronzeville.; Strong investment opportunity with a 6.3 Cap Rate, suitable for a 1031 exchange.
    More about this property
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