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59 Properties Within 0.5 miles of: 442-444 E 48th, Chicago

442-444 E 48th
Chicago, IL 60615

  • Built In 1902
Price

$4,000,000

Est Payment
$22,204 / month (details)  
Taxes
$12,000  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
163X65  
Built
1902  
Neighborhood
Bronzeville  
MLS
#12499290
Status
Active (2 days)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

10-30-2025 Listed at $4,000,000
Last Modified 10/30/25 8:45 PM

Nearby Transportation

  • Bus 3 0.1 mi
  • Bus 47 0.1 mi
  • Bus 15 0.4 mi
  • Bus 4 0.4 mi
  • Bus 29 0.6 mi
  • Bus 43 0.6 mi
  • Bus 2 0.6 mi
  • Bus 24 0.8 mi
  • Bus 172 0.9 mi
  • Bus 55 0.9 mi
  • Bus 51 0.9 mi
  • Bus 39 0.9 mi
  • Bus 171 1.1 mi
  • Bus 28 1.2 mi
  • Bus 6 1.2 mi
  • Metra Electric 1.2 mi
  • Green Line 0.2 mi
  • Red Line 0.9 mi
  • ZipCar 0.2 mi
  • I 90 West 0.8 mi
  • I 94 West 0.8 mi
  • I 90 East 0.9 mi
  • I 94 East 0.9 mi
  • I 55 North 2.4 mi
  • I 55 South 2.4 mi
  • I 290 East 4.6 mi
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