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4408 S Michigan Avenue , Chicago, IL 60653

$925,000
  • 4408 S Michigan Avenue , Chicago, IL 60653 Main Photo

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New to the Market New
BEDS9 BATHS6 full MLS#12690193
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

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.

4408 S Michigan Avenue | MLS# 12690193

This multi-family property located at 4408 S Michigan Avenue , Chicago, IL 60653 is currently listed for sale with an asking price of $925,000. S Michigan Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Exterior Entry, Walk-Out Access
Basement: Yes
Heating: Natural Gas
Home Style: Greystone
Lot Size: 0.11 Acres
Taxes: $11,687

Feature Descriptions

Bath Features: Soaking Tub
Exterior: Limestone
Lot Dimensions: 30x162
Parcel#: 20033070231003
Parking: Off Alley, Alley Access, Enclosed, Electric Gate, Secured, Yes, Owned
Sewer: Public Sewer
Total Rooms: 15
Township: Hyde Park
Water: Public

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: @properties Christie's International Real Estate
Agency Phone: 312-682-8500

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 5,445.35 per month $4,201.64 Principal & Interest $973.92 Property Tax $269.79 Homeowner's Insurance

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