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4742-46 S Michigan Avenue
Chicago IL 60615 US

$8,495,000

Active Listing ID 12738130
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54 bed
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54.00 Bath (54 Full)
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Other

$8,495,000

Active Listing ID 12738130
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4742-46 S Michigan Avenue 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 54
  • Cooling System: Central Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 8495000
  • unparsedaddress: 4742-46 S Michigan Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60615
  • bathroomsfull: 54
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.807905
  • longitude: -87.623277
  • listagentfullname: Karen Biazar
  • listagentemail: karen@northclybourngroup.com
  • listagentkey: 3yd-MREDIL-125093
  • listagentmlsid: 125093
  • listagentpreferredphone: (773) 252-0600
  • listagentofficephone: 7736457900
  • listofficekey: 3yd-MREDIL-12604
  • listofficemlsid: 12604
  • disclaimer: 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 2025
  • listingcontractdate: 2026-08-20
  • listagenturl: http://www.ncgchicago.com
  • countyorparish: Cook
  • parcelnumber: 20101010270000
  • cooling: Central Air
  • constructionmaterials: Brick, Block, Stone
  • numberofunitstotal: 24
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 12, Bedroom 17, Bathroom 2, Bathroom 27, Bedroom 30, Bedroom 49, Bathroom 10, Bedroom 26, Bathroom 38, Bathroom 6, Bathroom 31, Bathroom 13, Bathroom 21, Bedroom 44, Bedroom 54, Bathroom 48, Bathroom 9, Bathroom 45, Bedroom 28, Bedroom 7, Bedroom 36, Bedroom 10, Bedroom 33, Bedroom 19, Bathroom 25, Bedroom 13, Bedroom 35, Bedroom 21, Bathroom 41, Bathroom 44, Bedroom 39, Bedroom 4, Bedroom 47, Bathroom 11, Bathroom 26, Bedroom 14, Bathroom 47, Bathroom 17, Bedroom 46, Bedroom 40, Bathroom 20, Bedroom 53, Bathroom 15, Bedroom 52, Bathroom 16, Bedroom 29, Bedroom 22, Bathroom 22, Bathroom 19, Bathroom 24, Bedroom 45, Bathroom 28, Bedroom 37, Bedroom 31, Bathroom 5, Bedroom 34, Bathroom 35, Bedroom 23, Bedroom 43, Basement, Bathroom 14, Bathroom 54, Bathroom 30, Bedroom 20, Bedroom 18, Bedroom 32, Bedroom 2, Bathroom 18, Bedroom 15, Bedroom 24, Bedroom 27, Bedroom 41, Bedroom 11, Bathroom 49, Bedroom 16, Bathroom 8, Bathroom 40, Bedroom 1, Bathroom 32, Bedroom 6, Bathroom 36, Bathroom 29, Bathroom 46, Bedroom 51, Bedroom 48, Bathroom 23, Bathroom 42, Bedroom 38, Bathroom 39, Bedroom 25, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 8, Bedroom 50, Bathroom 37, Bedroom 42, Bedroom 3, Bathroom 34, Bathroom 50, Bedroom 9, Bathroom 53, Bathroom 7, Bathroom 51, Bathroom 1, Bedroom 12, Bathroom 52, Bathroom 43, Bathroom 33
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.623276, 41.807903
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"North Clybourn Group, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"karen@northclybourngroup.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ca@ncgchicago.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"North Clybourn Group, Inc.", "ListBrokeragePhone":"(773) 252-0600", "ListBrokeragePostalCode":"60647", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2324 W North Ave.", "ListBrokerageWebsiteUrl":"http://www.ncgchicago.com", "ListOfficeAddress1":"2324 W North Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"12604", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"ca@ncgchicago.com", "ListOfficePostalCode":"60647", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4746-S-Michigan-Ave_Chicago_IL_60615_M94810-28071?f=listhub&s=MREDIL&m=12738130&c=rexren", "MLSModificationTimestamp":"2026-08-26 05:06:05", "Neighborhoods":[{"Description":null, "Name":"CHI - Grand Boulevard"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":78465, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/26/2026 8:06:22 AM GMT
Source Updated Date: 9/5/2026 6:54:38 PM GMT

Courtesy of: Karen Biazar, North Clybourn Group, Inc., karen@northclybourngroup.com

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.