4742-46 S Michigan Avenue, Chicago, IL 60615
- $8,495,000
Description
Unbelievable trophy-piece opportunity, three 8 unit boutique buildings, 24 Units fully stabilized, condo-quality and developed in 2025 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. Many high-design details, from hallway accents to primary suite wall details meant to set this apart. Highlights include sleek profile shaker cabinet in eye-catching earth tone, stainless steel appliances, quartz island with full backsplash and an abundance of countertop space for entertaining, cooking and dining space. LVT flooring throughout is stylish and easy to maintain. Abundant natural light in all units with walk-out terraces. Design features make this a desirable rental with thoughtful walk-in closets, elevated bath finishes & designer lighting. Maintenance will be eased with high-efficiency furnaces, tankless water heater, In-unit washer/dryer, intercom system and professionally managed premises. 4 outdoor parking spaces available per building. 6.3 Cap Rate, perfect for 1031 exchange.
- Listing Courtesy of: North Clybourn Group, Inc.
Details
Updated on June 25, 2026 at 8:04 am-
Property ID MRD12686986
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Price $8,495,000
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Year Built 2025
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Property Type Multi Family
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Property Status Active
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Parcel Number 20101010270000
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MLS Status New
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Co List Agent MLS ID MRD148835
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Cumulative Days On Market 1
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Tax Annual Amount 78465
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Cooling Central Air
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Directions From 47th ST south on Michigan avenue
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StoriesTotal 3
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Zoning MULTI
Address
Open on Google Maps- Address 4742-46 S Michigan Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60615
- Country United States
Overview
- Multi Family
- 2025
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