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$925,000 Just Listed
Property 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, modern amenities, stable rental income, and an outstanding opportunity for both investors and owner-occupants.
Full Property Details
Full Property Details for 4408 S Michigan Ave
General
- Price: $925,000
- Taxes: $11,687 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12690193
Rental Information
- Complex Features: Gated, Other
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 6
- Upper - Full Baths: 6
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Other
Parking
- Total Spaces: 3
- Parking Features: Off-Alley, Alley Access, Enclosed, Electric Gate, Secured, Yes, Owned
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Township: Hyde Park
- Driving Directions: West of King Drive to 43rd to Michigan, south 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: Public
Structural Information
- Architectural Info: Greystone
- Architectural Style: Greystone
- Construction: Limestone
- Exterior Const.: Limestone
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry, Walk-Out Access
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 30 x 162
Financial Considerations
- Parking Included: Yes
- Tax Amount: $11,687.31
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20033070231003
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 4408 S Michigan Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Beethoven Elementary School 25 West 47th Street, Chicago, IL 60609 | PK-8 | 0.5 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 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.
Tax History
Tax History for 4408 S Michigan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$3,810
—
$19,318
7%
2023
$3,810
3%
$17,999
—
2022
$3,714
2%
$17,999
—
2021
$3,630
-13%
$17,999
-3%
2020
$4,153
1%
$18,641
-9%
2019
$4,130
2%
$20,554
—
2018
$4,060
140%
$20,554
162%
2017
$1,692
7%
$7,859
—
2016
$1,574
9%
$7,859
—
2015
$1,440
-29%
$7,859
-29%
2014
$2,041
2%
$10,998
—
2013
$2,000
1%
$10,998
—
2012
$1,974
—
$10,998
—
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 4408 S Michigan Ave
4408 S Michigan Avenue, Chicago, IL 60653 (MLS# 12690193) is a Multi-Family property with 3 units containing 9 bedrooms and 0 full bathrooms. 4408 S Michigan Avenue is currently listed for $925,000 and was received on July 09, 2026. Want to learn more about 4408 S Michigan Avenue? 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.
