4408 S Michigan Avenue,Chicago, IL 60653
Chicago, IL 60653
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 and modern amenities. Enjoy stable rental income or sell later as individual condos. An outstanding opportunity for both investors and owner-occupants.
Details
| MLS # | 12736649 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 21 |
| Listing Provided By | @properties Christie's International Real Estate | Rosa Sanchez-Fryer |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Acreage | 0.11 |
Interior
| Rooms Total | 15 |
|---|---|
| Heating | Natural Gas |
Exterior
| Exterior Features | Other |
|---|---|
| Construction Materials | Limestone |
| Patio And Porch Features | Deck |
Parking
| Parking Features | Off Alley, Alley Access, Enclosed, Electric Gate, Secured, Yes, Owned |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Gated, Other |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 11687.31 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60653) | |
Price: $899,000 low | high Med: $310,000 On site: 21 low | high Med: 1 | |
Market Activity 60653
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60653) | |
Price: $899,000 low | high Med: $310,000 On site: 21 low | high Med: 1 | |
