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0 Beds

$8,495,000

4742-46 S Michigan Avenue, Chicago IL, 60615

Built in2025
Property typeMulti-family
Listed by Karen Biazar with North Clybourn Group, Inc. 773-252-0600

Overview

Active

Listed Aug 20, 2026

Updated 2 weeks ago

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.

$56,517/mo

Est. mortgage payment based on a $8,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$78,465
Tax Frequency
Annually
Maintenance Expense
$32,000
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Listed by Karen Biazar with North Clybourn Group, Inc. 773-252-0600

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Data is refreshed every 3 hours. Listing last updated 3:37 AM UTC on 8/27/2026. 

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