24-Unit Apartment Building
For Sale
$8,495,000
4742-46 S Michigan Avenue, Chicago, IL 60615
Commercial Sale, Chicago, IL
Property SizeContact for details
Days on Market22
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
Full bathrooms
54
Rooms
Bedroom 28, Bathroom 13, Bedroom 33, Bedroom 47, Bathroom 39, Bedroom 32, Bedroom 42, Bathroom 30, Bathroom 53, Bedroom 19, Bathroom 11, Bathroom 44, Bedroom 6, Bathroom 51, Bedroom 41, Bathroom 34, Bedroom 44, Bedroom 13, Bedroom 50, Bathroom 45, Bedroom 24, Bedroom 23, Bathroom 32, Bathroom 46, Bedroom 2, Bathroom 52, Bedroom 37, Bedroom 15, Bathroom 6, Bedroom 52, Bedroom 30, Bathroom 42, Bedroom 14, Bathroom 8, Bedroom 26, Bathroom 3, Bathroom 23, Bathroom 24, Bathroom 14, Bathroom 10, Bathroom 22, Bedroom 10, Bedroom 38, Bathroom 20, Bathroom 33, Bedroom 54, Bathroom 1, Bathroom 16, Bedroom 21, Basement, Bathroom 49, Bedroom 45, Bedroom 43, Bathroom 38, Bedroom 40, Bathroom 40, Bathroom 12, Bedroom 3, Bathroom 47, Bedroom 12, Bedroom 17, Bathroom 15, Bedroom 46, Bathroom 5, Bedroom 18, Bedroom 49, Bedroom 48, Bathroom 4, Bathroom 9, Bedroom 4, Bedroom 9, Bedroom 39, Bathroom 17, Bathroom 43, Bedroom 53, Bedroom 1, Bedroom 11, Bedroom 36, Bedroom 16, Bedroom 31, Bedroom 25, Bedroom 29, Bathroom 37, Bathroom 31, Bathroom 50, Bathroom 7, Bedroom 20, Bathroom 54, Bathroom 25, Bathroom 41, Bedroom 8, Bathroom 2, Bathroom 35, Bathroom 18, Bathroom 36, Bathroom 28, Bedroom 35, Bathroom 26, Bathroom 29, Bedroom 34, Bedroom 5, Bedroom 22, Bathroom 27, Bedroom 27, Bathroom 48, Bedroom 51, Bathroom 21, Bedroom 7, Bathroom 19
Basement
Finished
Directions
From 47th ST south on Michigan avenue
Subdivision
CHI - Grand Boulevard
Standard status
Active
APN
20101010270000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
78465
Utilities
Cooling system
Central Air
Amenities
stainless steel appliances
in-unit washer/dryer
walk-out terraces
intercom system
Building Details
Year built
2025
Floors in Building
3
Number of units
24
Building materials
Brick, Block, Stone
Listing Agency:
North Clybourn Group, Inc.
(773) 252-0600
Listed By:
Karen Biazar · License #471003309
(773) 645-7900
Added: Sep 16
Changed: Sep 22
Last Checked: Oct 7 at 9:06AM
MLS# 12762033
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.
This multifamily offering comprises three 8-unit apartment buildings at 4742-46 S Michigan Avenue. The portfolio contains 24 units, with each building configured with two 3-bedroom, 3-bath duplex residences and six 2-bedroom, 2-bath simplex residences. Construction materials include brick, block, and stone, while central air serves the buildings. The property is identified as under construction and carries a 2025 year built designation.
Interiors include shaker cabinetry, stainless steel appliances, quartz islands with full-height backsplashes, LVT flooring, walk-in closets, upgraded bathroom finishes, designer lighting, and walk-out terraces. Each residence also includes an in-unit washer and dryer, with high-efficiency furnaces, tankless water heaters, and an intercom system supporting building operations. Four outdoor parking spaces are available per building. The property is zoned MULTI and is located in Chicago's Bronzeville area.
Interiors include shaker cabinetry, stainless steel appliances, quartz islands with full-height backsplashes, LVT flooring, walk-in closets, upgraded bathroom finishes, designer lighting, and walk-out terraces. Each residence also includes an in-unit washer and dryer, with high-efficiency furnaces, tankless water heaters, and an intercom system supporting building operations. Four outdoor parking spaces are available per building. The property is zoned MULTI and is located in Chicago's Bronzeville area.
Key Highlights
- Three 8‑unit apartment buildings totaling 24 units
- Each building includes two 3 bed/3 bath duplexes and six 2 bed/2 bath simplex units
- 2025 year built; property condition identified as Under Construction
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
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three newly developed buildings offer duplex and simplex layouts with contemporary finishes, private terraces, and in-unit laundry.
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: Three 8‑unit apartment buildings totaling 24 units; Each building includes two 3 bed/3 bath duplexes and six 2 bed/2 bath simplex units; 2025 year built; property condition identified as Under Construction
