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About the Listing 27936 - 217476,269610
Discover a rare investment opportunity where timeless architecture meets modern luxury. Nestled in the heart of Bronzeville, just minutes from Hyde Park, the University of Chicago, Washington Park, and the lakefront, this fully renovated 9-unit brick building exudes character and craftsmanship at every turn. Each residence has been reimagined with all-new mechanicals, electrical, plumbing, and HVAC systems, blending contemporary convenience with the preserved charm of the original structure. Thoughtfully designed layouts include (3) 3BD/3BA, (3) 3BD/2.5BA, and (3) garden units: all featuring custom kitchens, spa-inspired baths, and in-unit laundry. Projected rents between $3,250-$4,250 per month deliver a pro forma gross income of approximately $33,500/month, making this both a turnkey acquisition and a long-term growth asset. With one PIN, low taxes (~$12,000), and proximity to Chicago's premier cultural and commercial hubs, this property represents the perfect balance of historic elegance, modern performance, and exceptional investment potential.
Listing Highlights for 442-444 E 48th St
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
12499290
Year Built
1902
Total Square Footage
0
Lot/Acreage
163X65
County
Cook
Area
CHI - Hyde Park
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Central Heat/Indiv Controls,Forced Air,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 163X65
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $12,000
- Taxes w/Assessments: N/A
- Tax/Property ID: 20102000210000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
442-444 E 48th St Chicago, IL 60615
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