4447 S Michigan Avenue Chicago, IL ^$ 385,000

4447 S Michigan Avenue

^$ 385,000

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New Construction

4447 S Michigan Avenue

Chicago, IL, 60653

^$ 385,000

Studio Baths0.0

Monthly Estimate*

^$ 2,402

4447 S Michigan Avenue, Chicago, IL 60653 - Image 1

4447 S Michigan Avenue, Chicago, IL 60653 - Image 2

Studio

Lots and Land for sale in Chicago, IL

for $385,000.

Attention Investors and Developers- 3 Lot parcel 80 X 160 (12,880 sqft) in desirable Bronzeville location. Currently ZONED C1-2, but could be rezoned to RM5 or apply for special use permit with ZBA. Surround by new construction, public transit, and so much more. Potential development options consist of townhomes, 3 sets of 3 unit buildings, mixed use development with 20+ plus units, retail, or condos.

Lots and Land Active

Price

^$ 385,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,499

Style

Commercial,Multi-Family

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12449688

Features

General

Utilities Electricity Available Natural Gas Available

Possession Closing

Zoning MULTI

Township Hyde Park

Tax Year 2023

Current Use Commercial Multi-Family

Ownership Fee Simple

County Cook

Property Type Land Land

Possible Use Commercial Multi-Family

Status Active

Directions On 43rd and Michigan go South toward 45th.

City Chicago

High School District 299

MLS Area CHI - Grand Boulevard

Tax Annual Amount 1499.54

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Total Baths 0

Exterior

Water Source Municipal Water

Total Parking 0

Lot Dimensions 80X160

Road Surface Type Asphalt

Frontage Length 80

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Exit Strategy Realty

Broker

anthonywhite500@gmail.com

Affordability Calculator

$2,527

Per Month

Monthly Principal & Interest: $2,402
Monthly Property Taxes: $125
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$321,745

Percent of Sale Price 16%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/19/2025	$385,000		Listed Price

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4447 S Michigan Avenue, Chicago, IL, 60653 is a Lots and Land for sale at $385,000. 4447 S Michigan Avenue is a studio with 0.0 baths. The property's zip code is 60653 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/14/2025.

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4447 S Michigan Avenue

Lots and Land for sale in Chicago, IL

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