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  • $1,020,000

    4934 S Michigan Ave, Chicago, IL 60615

    11beds
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $1,092,600 Zestimate®
    $--/sqft
    $2,266 Estimated rent

    Home value

    $1,092,600

    $994,000 - $1.20M

    $2,266/mo

    Zestimate® history
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    $6,004/mo

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    What's special

    This expansive, beautifully updated legal 4 unit building in Bronzeville is a prime investment opportunity. The beautiful property features four large units, plus an additional 5th in-law suite located at the front of the first floor, offering significant income potential. Each apartment is generously sized, featuring formal living and dining rooms, stainless steel appliances, granite countertops, and refinished hardwood flooring and trim throughout. Recent updates include new hot water heaters, updated kitchens and bathrooms, new stoves, refrigerators, washer, dryer, updated plumbing, tuckpointing, and sidewalks. The fully furnished garden unit, complete with recessed lighting and all-new appliances, is ready for Airbnb or short-term rental. With a 3-car garage and one unit delivered vacant, this building is perfect for owner-occupants or investors. Located in a highly desirable area, close to public transportation, parks, and the vibrant amenities of Bronzeville and Hyde Park, this property combines spacious living with easy access to downtown Chicago. Don't miss this rare opportunity to own a meticulously maintained building with huge income potential! Schedule your private tour now.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tina Hollins 708-424-4000,

    Coldwell Banker Realty

    Bought with:

    Karen Biazar

    North Clybourn Group, Inc.

    Lisa Magidson

    North Clybourn Group, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12182964MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 3
    Features
    • Patio & porch: Porch
    • Exterior features: Balcony
    Lot
    • Size: 5,600 Square Feet
    Details
    • Additional structures: Garage(s)
    • Parcel number: 20101130300000
    • Zoning: MULTI
    • Special conditions: None
    • Other equipment: Intercom, Ceiling Fan(s)

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Rubber
    Condition
    • New construction: No
    • Year built: 1910
    • Major remodel year: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Gated
    • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s)
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $766,000
    • Annual tax amount: $9,737
    • Date on market: 10/8/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    4/16/2025Listing removed$1,900
    Source: Zillow Rentals Report a problem
    12/13/2024Listed for rent$1,900
    Source: Zillow Rentals Report a problem
    11/20/2024Sold$1,020,000
    Source: MRED as distributed by MLS GRID #12182964 Report a problem
    10/23/2024Contingent$1,020,000+2.5%
    Source: MRED as distributed by MLS GRID #12182964 Report a problem
    10/8/2024Listed for sale$995,000+25.7%
    Source: MRED as distributed by MLS GRID #12182964 Report a problem
    3/8/2022Sold$791,500+1.6%
    Source: MRED as distributed by MLS GRID #11316052 Report a problem
    2/8/2022Pending sale$779,000
    Source: MRED as distributed by MLS GRID #11316052 Report a problem
    2/2/2022Listed for sale$779,000+437.2%
    Source: MRED as distributed by MLS GRID #11316052 Report a problem
    4/3/1996Sold$145,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $76,600 +66.5%
    2023$9,737 +18.5%$46,000
    2022$8,221 +90.5%$46,000
    2021$4,315 +4.9%$46,000 +40.8%
    2020$4,113 +8.3%$32,669 -12%
    2019$3,797 +9.8%$37,124
    2018$3,459 -34.5%$37,124 +33.1%
    2017$5,278 +3.8%$27,893
    2016$5,087 +9.8%$27,893
    2015$4,631 +26.9%$27,893 +25.5%
    2014$3,649 +2.3%$22,234
    2013$3,566 +0.7%$22,234
    2012$3,542 -11.7%$22,234 -22.8%
    2011$4,011 +130.5%$28,794
    2010$1,740 -51.2%$28,794
    2009$3,565 -24.3%$28,794 -27.1%
    2008$4,706 +9.1%$39,520
    2007$4,314 -24%$39,520
    2006$5,673 +74.2%$39,520 +98.3%
    2005$3,256 +1%$19,928
    2004$3,223 +2.2%$19,928
    2003$3,153 +77%$19,928 +101%
    2002$1,781 +30.4%$9,914
    2001$1,366 -10.2%$9,914
    2000$1,521 $9,914 +25.2%
    1999-- $7,917
    Find assessor info on the county website

    Neighborhood: Bronzeville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,092,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,092,600