4742-46 S Michigan Avenue Chicago, IL 60615
$8,495,000
Active / MLS# 12595592 / Multi Unit - Multiple / Chicago
0
Beds
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.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 75 x 125
Stories: 3.0
Taxes: $78,465
Year Built: 2025
Feature Descriptions
Current Use: Multi-Family
Drains: Balcony/ies, Enclosed Stairs, Security Gate
Electric: Circuit Breakers
Exterior: Brick, Block, Stone
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air, Gas
Lot Dimensions: 75 x 125
Miscellaneous Outdoor: Balcony/ies, Enclosed Stairs, Security Gate
Parcel#: 20101010270000
Parking: 13-18 Spaces
Tenant Pays: Electricity, Heat
Units: 24
Location
See details and scored characteristics about this location.
Listing Office: North Clybourn Group, Inc.
Listing Office Phone: 773-252-0600
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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