4742 S Michigan Ave Chicago, IL 60615
Three stabilized, condo-quality apartment buildings developed in 2025.
Type:Multifamily
- Added:
- Feb 11, 2026
- Days on Market:
- 50
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 4742 S Michigan Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing agent Karen Biazar License #IL
Listing office North Clybourn Group, Inc.
Listing date Feb 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of North Clybourn Group, Inc.
Overview
Bronzeville Boutique Apartment Buildings
This is an opportunity to acquire three boutique buildings, each containing eight units, for a total of 24 fully stabilized units developed in 2025. 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 units 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. All units benefit from abundant natural light and 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 professional management. Each building has four outdoor parking spaces available. The property has a 6.3% cap rate, making it suitable for a 1031 exchange.
Location Intelligence
Current Use by Public Records
1031 exchange properties
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6232861
- Latitude
- 41.808034
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Three stabilized, condo-quality apartment buildings developed in 2025.
Where is this apartment building located?
The property is located at 4742 S Michigan Ave 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.; Built in 2025 in the Heart of Bronzeville.; Attractive mix of 3 bed/3 bath duplex units and 2 bed/2 bath simplex units.
