For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multifamily Portfolio With Duplex Units Title is generated by Realmo AI

    4742-46 S Michigan Avenue, Chicago, IL 60615

    View on Map
    Claim this Listing
    New
    For Sale
    $8,495,000

    MULTI_FAMILY - Chicago, IL

    Added:
    Jun 24, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 27 at 5:06 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
    Bathroom 28, Bedroom 5, Bathroom 32, Bathroom 19, Bathroom 37, Bedroom 18, Bedroom 42, Bedroom 49, Basement, Bedroom 30, Bedroom 12, Bedroom 32, Bathroom 24, Bathroom 17, Bedroom 21, Bedroom 33, Bathroom 4, Bedroom 9, Bathroom 5, Bathroom 38, Bathroom 44, Bedroom 44, Bathroom 15, Bathroom 47, Bathroom 52, Bathroom 48, Bathroom 35, Bedroom 36, Bedroom 15, Bedroom 16, Bathroom 34, Bathroom 21, Bathroom 50, Bathroom 20, Bathroom 49, Bathroom 9, Bedroom 19, Bedroom 14, Bedroom 35, Bedroom 13, Bathroom 45, Bedroom 45, Bathroom 42, Bedroom 24, Bedroom 22, Bedroom 40, Bedroom 51, Bathroom 40, Bathroom 12, Bathroom 39, Bathroom 31, Bedroom 20, Bathroom 13, Bedroom 54, Bedroom 27, Bathroom 25, Bathroom 22, Bedroom 50, Bedroom 34, Bedroom 46, Bathroom 46, Bathroom 51, Bathroom 16, Bathroom 1, Bathroom 18, Bathroom 27, Bedroom 47, Bathroom 26, Bathroom 3, Bathroom 14, Bedroom 7, Bathroom 11, Bathroom 54, Bedroom 6, Bedroom 11, Bathroom 53, Bedroom 23, Bedroom 26, Bathroom 33, Bedroom 2, Bedroom 52, Bedroom 38, Bathroom 36, Bathroom 6, Bedroom 53, Bedroom 17, Bedroom 48, Bathroom 29, Bathroom 30, Bathroom 2, Bedroom 41, Bedroom 10, Bathroom 8, Bathroom 43, Bedroom 3, Bedroom 1, Bedroom 28, Bedroom 43, Bedroom 37, Bedroom 31, Bedroom 4, Bathroom 41, Bathroom 10, Bedroom 39, Bedroom 8, Bathroom 7, Bathroom 23, Bedroom 29, Bedroom 25
    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!

    Contact an agent
    Karen Biazar
    Karen Biazar

    Listing agent Karen Biazar License #471003309

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

    Listing date Jun 24, 2026

    MLS# 12686986 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.


    Overview

    The offering consists of three eight-unit multifamily buildings containing 24 units total, developed in 2025. Each building has two front and back duplex units with three bedrooms and three bathrooms, along with six front and back simplex units with two bedrooms and two bathrooms. Units are finished with LVT flooring throughout, and the kitchens include stainless steel appliances, a quartz island with a full backsplash, and substantial countertop space. Many homes also feature walk-out terraces and design elements such as hallway accents, primary suite wall details, walk-in closets, elevated bath finishes, and designer lighting. Operational conveniences include high-efficiency furnaces, tankless water heaters, in-unit washer/dryer, and an intercom system, with professionally managed premises.

    The properties are listed under multi-family zoning (MULTI) and are located at 4742-46 S Michigan Avenue, Chicago, IL 60615. Each building provides four outdoor parking spaces.

    For investors, the portfolio is presented as fully stabilized with a stated 6.3 cap rate in the provided materials. For tenants, the unit mix provides both duplex three-bedroom, three-bath layouts and two-bedroom, two-bath simplex options, supported by in-unit laundry and terrace access in the overall design.
    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 - 24 stabilized units across three eight-unit buildings with walk-out terraces and in-unit washer/dryer.
    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.
    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