24-Unit Apartment
4742-46 S Michigan Avenue, Chicago, IL 60615
For Sale
New
$7,495,000
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market3
Property Features for 4742-46 S Michigan Avenue
General Information
Property type
Property subtype
Property condition
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Directions
Subdivision
Standard status
APN
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Cooling system
Amenities
stainless steel appliances
quartz island
walk-out terraces
walk-in closets
in-unit washer/dryer
intercom system
Building Details
Year built
Floors in Building
Number of units
Building materials
Buildings
Listing Agency:
North Clybourn Group, Inc.
Listed By:
Karen Biazar · License IL #471003309
(773) 252-0600
Added: Nov 11
Last Checked: Nov 13 at 11:06PM
MLS# 12805489
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.
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Investment Insights
Based on property information with market context.
This multifamily property comprises three eight-unit buildings and 24 residences, with construction materials including brick, block, and stone. Each building has two three-bedroom, 2.5-bath duplex units and six two-bedroom, two-bath simplex units. Residences include walk-out terraces, walk-in closets, LVT flooring, stainless steel appliances, quartz kitchen islands, and in-unit washers and dryers. Central air, high-efficiency furnaces, tankless water heaters, and an intercom system are also noted. The property is identified as under construction.
Key Highlights
- Three buildings with 8 units each, for 24 units total
- Each building includes two 3‑bedroom, 2.5‑bath duplexes and six 2‑bedroom, 2‑bath simplex units
- Four outdoor parking spaces per building
Property Analytics
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Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
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Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
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Market
Properties on Market for Apartment buildings in Chicago
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Three buildings combine duplex and simplex layouts with in-unit laundry and outdoor terraces.
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 $7,495,000.
What are key features of this property?
This property features: Three buildings with 8 units each, for 24 units total; Each building includes two 3‑bedroom, 2.5‑bath duplexes and six 2‑bedroom, 2‑bath simplex units; Four outdoor parking spaces per building
