438 E 45TH Place Chicago, IL $ 799,000
438 E 45TH Place
$ 799,000
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438 E 45TH Place

Chicago, IL, 60653
$ 799,000
Bedrooms9 Baths6.0

Monthly Estimate*

$ 5,045

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Multi-Family Home for sale in Chicago, IL

for $799,000 with 9 bedrooms and 6 full baths. This home was built in 1887.

Unicorn Alert. Majestic without straining for it, 3-unit Greystone sequestered on a classic, iconic, intact storybook streetscape just off King Drive in the Heart of Bronzeville. The kind of block a location scout stumbles onto, and a neighborhood never stops being proud of. Three expansive 3-bedroom, 2-bath residences, each with a separate formal dining room. Significant documented capital improvements across sixteen years of single ownership delivering a turnkey opportunity for an investor or owner-occupant. Gated entry, professionally landscaped with irrigation system in place. Endless appointments, Premium millwork, crown molding, picture rail, trim and rich hardwood floors throughout. Gourmet kitchens, Granite & Quartz Countertops with stainless appliances. Washer and dryer, separate central air and gas forced air, individual hot water tanks in each unit. Closet organizers, window treatments, designer lighting throughout. Guest and Primary baths feature oversized and double vanities, tub/shower, built-in medicine cabinets and extensive stone and marble. Rear decks and oversized patio bookmarked by a two-car garage. Continuous exterior program including full structure power washing, tuckpointing and masonry restoration completed in 2026. Dual divided full unfinished basement separates private storage from building mechanicals at the rear, with the front section served by its own dedicated entry and exit offering expandable space for a workshop, office or additional dwelling unit. RM-5 zoning offers a clear path for an ADU; Zoning Certificate delivered as 3 Dwelling Units. This is a high value opportunity, Exceptional location, Hyper Convenient, walking distance to green line, minutes to lakefront, South Loop, U of C, Hyde Park, and much more. Current income $83,868. 48 hours' notice required for all showings. See broker's private remarks.

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Multi-Family Pending

Price

$ 799,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 8,404

Style

Greystone

Year Built

1887

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12711183

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Flat
Zoning MULTI
Garage Spaces 2
Architectural Style Greystone
Construction Materials Brick Stone
Year Built 1887
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 83868
Community Features Park Curbs Gated Sidewalks Street Lights
County Cook
Net Operating Income 52830
Insurance Expense 6084
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 3435
Subdivision Name Bronzeville
Other Structures Garage(s)
Total Rooms 18
Status Pending
Directions From 45th street and King Drive east 2 blocks to Vincennes South 2 blocks to 45th PLACE one way turn right to property NOTE THIS IS 45th PLACE NOT 45th STREET
High School Dyett Academic Center High Schoo
City Chicago
High School District 299
MLS Area CHI - Grand Boulevard
Elementary School Mollison Elementary School
Tax Annual Amount 8404
Electric Expense 797
Water Sewer Expense 2354
Additional Parcels Y/N N
Standard Status Pending
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Bathroom Double Sink Soaking Tub
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 2
Lot Dimensions 25 x 124
Lot Size Acres 0
Waterfront Y/N N
Other Equipment CO Detectors
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* Excluded Features
List By
North Clybourn Group, Inc.

Broker

karen@northclybourngroup.com

Email

Affordability Calculator

$5,745
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,045
Monthly Property Taxes
$700
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2640134 Elementary School
566846 Middle School
Dyett Academic Center High Schoo High School
Pricing History
DatePricePrice ChangeDescription
8/4/2026$799,000 Listed Price

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438 E 45TH Place, Chicago, IL, 60653 is a Multi-Family Home for sale at $799,000. 438 E 45TH Place has 9 bedrooms, 6.0 baths, and was built in 1887. The property's zip code is 60653 which is in Chicago, IL