4742 S Michigan Avenue
, IL, 60615

Price$8,495,000
Beds0
Baths0
SqFtn/a

Status:Active
Property Type:Commercial
School:
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 provided by: North Clybourn Group, Inc., Karen Biazar

Source: MRED, MLS#: MRD12565515

Price $8,495,000
Total Baths 0
Property Type Commercial
MLS Sub type Commercial/CIE
Year Built 2025
Directions From 47th ST south on Michigan avenue
Latitude 41.807978
Longitude -87.623262
Market Area Hyde Park
Address 4742-46 S Michigan Avenue, IL 60615
Postal Code 60615
State IL
Country United States
Listing Office North Clybourn Group, Inc.
Listing Office Phone 773-252-0600
Listing Agent Karen Biazar
Listing Agent Phone 773-645-7900
Days on market 10
MLS Status Active
Listing Date Feb 10, 2026
Listing Last Modified Feb 27, 2026
Tax Year 2024
Tax Annual Amount 78465
MLS Area Hyde Park
MLS # MRD12565515

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