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4742-46 S Michigan Avenue
Chicago IL 60615 US

$7,495,000

Active Listing ID 12805489
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54 bed
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54.00 Bath (54 Full)
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Other

$7,495,000

Active Listing ID 12805489
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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 2.5 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. 7.8 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: 7495000
  • 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: 41.808026
  • longitude: -87.62328
  • 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: 2026-11-11
  • listagenturl: http://www.ncgchicago.com
  • countyorparish: Cook
  • parcelnumber: 20101010260000
  • cooling: Central Air
  • constructionmaterials: Brick, Block, Stone
  • numberofunitstotal: 24
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement, Bathroom 10, Bedroom 24, Bedroom 52, Bedroom 11, Bathroom 25, Bathroom 13, Bedroom 1, Bathroom 14, Bedroom 19, Bathroom 7, Bathroom 4, Bedroom 2, Bathroom 36, Bathroom 52, Bathroom 24, Bathroom 35, Bathroom 11, Bedroom 51, Bathroom 31, Bathroom 19, Bathroom 16, Bathroom 9, Bathroom 2, Bathroom 39, Bathroom 53, Bedroom 6, Bedroom 48, Bathroom 46, Bathroom 34, Bedroom 10, Bedroom 32, Bedroom 54, Bathroom 40, Bedroom 46, Bedroom 45, Bedroom 8, Bedroom 26, Bedroom 9, Bedroom 18, Bathroom 49, Bedroom 5, Bedroom 7, Bathroom 29, Bathroom 33, Bedroom 44, Bathroom 30, Bathroom 48, Bedroom 16, Bedroom 38, Bedroom 15, Bathroom 6, Bathroom 22, Bathroom 41, Bathroom 18, Bedroom 42, Bedroom 36, Bedroom 39, Bedroom 29, Bedroom 49, Bathroom 37, Bedroom 37, Bedroom 43, Bedroom 13, Bathroom 5, Bathroom 45, Bedroom 53, Bedroom 23, Bedroom 47, Bedroom 22, Bathroom 15, Bedroom 14, Bedroom 17, Bathroom 3, Bathroom 8, Bedroom 28, Bedroom 41, Bedroom 35, Bedroom 50, Bedroom 34, Bathroom 50, Bathroom 27, Bathroom 21, Bedroom 12, Bathroom 54, Bathroom 44, Bedroom 25, Bathroom 17, Bathroom 51, Bedroom 40, Bathroom 47, Bathroom 43, Bathroom 26, Bathroom 42, Bathroom 28, Bedroom 33, Bathroom 12, Bathroom 1, Bedroom 27, Bathroom 38, Bedroom 4, Bathroom 32, Bedroom 30, Bathroom 23, Bedroom 3, Bathroom 20, Bedroom 21, Bedroom 31, Bedroom 20
  • basement: Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.62328, 41.808025
  • 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/4740-S-Michigan-Ave_Chicago_IL_60615_M93744-70481?f=listhub&s=MREDIL&m=12805489&c=rexren", "MLSModificationTimestamp":"2026-11-11 16:35:03", "Neighborhoods":[{"Description":null, "Name":"CHI - Grand Boulevard"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":38452, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 11/11/2026 4:38:39 PM GMT
Source Updated Date: 11/15/2026 12:49:26 AM 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.