4408 S Michigan AVE, Chicago, IL 60653
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4408 S Michigan AVE, Chicago, IL 60653
4408 S Michigan AVE, Chicago, IL 60653
4408 S Michigan AVE, Chicago, IL 60653
4408 S Michigan AVE, Chicago, IL 60653
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$ 925,000
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4408 S Michigan AVE Chicago, IL 60653

9 Beds

6 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12690193

Style Greystone

Bedrooms 9

Annual Tax Amount $11,687

Tax Year 2025

Lot Dimensions 30x162

Property Sub-Type Two to Four Units

Property Description

Discover timeless Chicago architecture in this stately three-unit greystone located in the heart of Bronzeville. Showcasing the distinctive Romanesque style-one of Chicago's most recognized architectural traditions-this classic building blends historic character with modern convenience. Each spacious residence features 3 bedrooms, 2 full bathrooms, and a separate formal dining room, offering generous living space ideal for both everyday living and entertaining. The thoughtfully designed interiors include hardwood floors, soaring ceilings, in-unit laundry, and abundant natural light. Spacious kitchens are appointed with granite countertops, ample cabinetry, and room for a breakfast table or casual dining. Each unit is separately metered and equipped with its own furnace and water heater, providing convenience, efficiency, and simplified property management. The first and second-floor units are occupied by long-term tenants, providing immediate, stable rental income. The third-floor unit is currently vacant, presenting an ideal opportunity for an owner-occupant to move right in while benefiting from rental income, or for an investor to lease the unit and maximize the property's income potential. Step outside to enjoy brand-new rear porches, providing each unit with a private outdoor deck. The property also features gated parking with one dedicated parking space for each unit, offering added convenience for residents. The full basement provides additional value with the potential to create an additional dwelling unit or expand the property's existing living space. Situated on a picturesque tree-lined street, this exceptional investment or owner-occupant opportunity is just minutes from public transportation, neighborhood parks and green spaces, and the vibrant dining, shopping, and cultural attractions of nearby Hyde Park and South Loop. Whether you're looking to expand your investment portfolio or own a piece of Chicago's architectural heritage, this exceptional Bronzeville greystone offers the perfect blend of historic character, modern amenities, stable rental income, and an outstanding opportunity for both investors and owner-occupants.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Rooms

Basement Unfinished, Exterior Entry, Walk-Out Access

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Other

Community Features Gated, Other

Building

Dwelling Type Two to Four Units

Building Description Limestone, No

Sewer Public Sewer

Water Public

Structure Type Limestone

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Rosa Sanchez-Fryer of  @properties Christie's International Real Estate 
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4408 S Michigan AVE