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$1,350,000
Property Description
Don't miss out on this rare opportunity to own a stunning new three-unit building in the heart of Bronzeville! This brick beauty boasts floor-to-ceiling windows in every living room, offering an abundance of natural light and incredible views. The first floor unit is duplexed to the lower level, while the second and third floor units feature the same layout and design throughout. Each unit showcases an open concept living room and kitchen, complete with a marble-like quartz countertop, high-end Samsung bespoke appliances, and a spacious island with seating for three. Hardwood floors flow seamlessly throughout, creating a warm and inviting atmosphere. The primary suites in each unit are a true oasis, with large closets and luxurious en-suite bathrooms featuring double sinks, separate showers, and deep soaking tubs with custom-designed tile. The two top units offer 3 bedrooms and 2 bathrooms, while the first unit boasts 4 bedrooms and 3 bathrooms, with two bedrooms on the first floor and two on the lower level. The lower level also includes a family room and an additional bathroom for the unit, as well as a common area with storage rooms for all units. Three parking spots are included on the property, providing convenience for residents and guests alike. This property is minutes away from schools like University of Chicago LAB school and the University, Ancona School, Burke and Dyett. Whether you are looking to invest in a three-unit building or individual condos, this custom-designed property is a rare find in Bronzeville. Don't miss out on your chance to own a piece of luxury living in this up-and-coming neighborhood. Schedule a showing today! AS Is- The two upstairs units are finished- the bottom unit rough is complete. Buyer just need to do drywall and finishes. Bring your bet offer!
Full Property Details
Full Property Details for 437 E 48th St
General
- Price: $1,350,000
- Taxes: $1,071 (2022)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12662744
- Updated: 6/13/2026
- Added to Site: 17 day(s) ago
Rental Information
- Complex Features: Gated, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 6
- Upper - Full Baths: 6
- Bathroom Features: Separate Shower, Double Sink, Soaking Tub
Bedrooms
- Total Bedrooms: 10
Additional Information
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 3
- Parking Features: Off-Alley, Yes, Owned
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Hyde Park
- Driving Directions: south on Vincennes to 48th st, west to address.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Construction: Block, Brick/Stone Msn Pred
- Exterior Const.: Block, Brick/Stone Msn Pred
- Basement: Yes
- Basement Desc.: Finished, Full
- Year Built: 2024
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 2024
- Tax Amount: $1,071
- Tax Year: 2022
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 20102070140000
Listed by Exit Strategy Realty / EMA Management
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Schools
Schools serving 437 E 48th St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burke Elementary School 5356 South King Drive, Chicago, IL 60615 | PK-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 437 E 48th St
Date
Details
Price
Change
Source
5/30/2026
Listed
$1,350,000
1587.5%
MLS
8/28/2018
Sold
$80,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 437 E 48th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,124
—
$130,001
2347%
2023
$1,124
3%
$5,312
—
2022
$1,096
2%
$5,312
—
2021
$1,071
-9%
$5,312
—
2020
$1,183
11%
$5,312
—
2019
$1,067
2%
$5,312
—
2018
$1,049
11%
$5,312
21%
2017
$942
8%
$4,375
—
2016
$876
9%
$4,375
—
2015
$802
15%
$4,375
17%
2014
$696
2%
$3,750
—
2013
$682
1%
$3,750
—
2012
$673
—
$3,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 437 E 48th St
437 E 48th Street, Chicago, IL 60615 (MLS# 12662744) is a Multi-Family property with 3 units containing 10 bedrooms and 0 full bathrooms. 437 E 48th Street is currently listed for $1,350,000 and was received on May 30, 2026. Want to learn more about 437 E 48th Street? Do you have questions about finding other Multi-Family real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.
