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4950 S Michigan Avenue Chicago, IL $ 1,200,000
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4950 S Michigan Avenue
$ 1,200,000
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4950 S Michigan Avenue

Chicago, IL, 60615
$ 1,200,000
Bedrooms9 Baths6.0 Sq 4,700

Monthly Estimate*

$ 7,389

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Multi-Family Home for sale in Chicago, IL

for $1,200,000 with 9 bedrooms and 6 full baths. This 4,700 square foot home was built in 2025 on a lot size of 0.13.

BRONZEVILLE / GRAND BOULEVARD - FOR SALE: Beautiful new construction 3-unit multifamily property located in the Grand Boulevard section of Bronzeville. The building features three spacious (3BD/2BA) units, each newly built with modern finishes, in-unit washer/dryers, and individual furnaces. Minimal operating costs, with ownership responsible for water only. Additional features include a detached 2-car garage and strong tenant appeal in a well-established neighborhood. An excellent opportunity to acquire a turnkey, low-maintenance asset in a great Chicago rental market.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 18,147

Style

Lot Size

0.13

Year Built

2025

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12570137
Features
General
Sewer Public Sewer
Heating Electric
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 2025
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
County Cook
Insurance Expense 4090
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 18
Status New
Directions Get onto I-90 E/I-94 E toward Dan Ryan Expwy/I-290/Eisenhower Expwy. Continue on I-90 E/I-94 E to S Wentworth Ave. Take exit 56B toward 47th St. Follow W 47th St to S Michigan Ave. Turn right onto S
City Chicago
High School District 299
MLS Area CHI - Grand Boulevard
Tax Annual Amount 18147.98
Water Sewer Expense 1680
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 110x35
Lot Size Acres 0.13
Waterfront Y/N N
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* Excluded Features
List By
Horvath & Tremblay Il, Llc

Broker

dannybreiter@gmail.com

Email

Affordability Calculator

$8,901
Per Month
83%
17%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$1,512
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/19/2026$1,200,000 Listed Price

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4950 S Michigan Avenue, Chicago, IL, 60615 is a Multi-Family Home for sale at $1,200,000 with 4,700 sqft and a lot size of 0.13. 4950 S Michigan Avenue has 9 bedrooms, 6.0 baths, and was built in 2025. The property's zip code is 60615 which is in Chicago, IL

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