4934 S Michigan Avenue
Chicago, IL 60615
- 11 beds
- 7 baths
- – sqft
- 1910 build
- – on site
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This expansive, beautifully updated legal 4 unit building in Bronzeville is a prime investment opportunity. The beautiful property features four large units, plus an additional 5th in-law suite located at the front of the first floor, offering significant income potential. Each apartment is generously sized, featuring formal living and dining rooms, stainless steel appliances, granite countertops, and refinished hardwood flooring and trim throughout. Recent updates include new hot water heaters, updated kitchens and bathrooms, new stoves, refrigerators, washer, dryer, updated plumbing, tuckpointing, and sidewalks. The fully furnished garden unit, complete with recessed lighting and all-new appliances, is ready for Airbnb or short-term rental. With a 3-car garage and one unit delivered vacant, this building is perfect for owner-occupants or investors. Located in a highly desirable area, close to public transportation, parks, and the vibrant amenities of Bronzeville and Hyde Park, this property combines spacious living with easy access to downtown Chicago. Don't miss this rare opportunity to own a meticulously maintained building with huge income potential! Schedule your private tour now.
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Last updated Nov 20, 2024
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MLS# 12182964 —
The Building
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Year Built:1910
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Rebuilt:No
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New Construction:false
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Roof:Rubber
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Basement:Full
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Foundation Details:Concrete Perimeter
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Exterior Features:Balcony, Porch, Cable Access
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Other Equipment:Intercom, CO Detectors, Ceiling Fan(s), Security Cameras, Water Heater-Gas
Interior
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Rooms Total:21
Location
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Directions:East on 47th street to Michigan Ave. Then south on Michigan Ave to 49th street. Address will be on the west side of the street.
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Location:60119
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Location:12604
The Property
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Parcel Number:20101130300000
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Property Type:Residential Income
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Lot Size Dimensions:5600
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Lot Size Source:County Records
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 999-0097
- Office phone:
- (708) 424-4000
Taxes
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Tax Year:2023
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Tax Annual Amount:9737.48
Beds
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Bedrooms Total:11
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Bedrooms Possible:11
Baths
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Baths:7
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Full Baths:7
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Gated
Parking
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Parking Total:3
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Garage Type:Detached
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Garage Spaces:3
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Garage Onsite:Yes
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Garage Ownership:Owned
Extra Units
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Other Structures:Garage(s)
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/20/24
Nov 20, 2024
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Sold | MRED | $1,020,000 | |
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10/23/24
Oct 23, 2024
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Price Changed | MRED | $1,020,000 | 2.5% |
|
10/23/24
Oct 23, 2024
|
Sold Subject To Contingencies | MRED | $995,000 |
