Listen up. This isn't just another multifamily property. This is 7,100+ square feet of pure cash-flowing potential sitting on one of Chicago's most iconic boulevards. Built in 1898, this 9-bed, 6-bath beauty is a piece of Bronzeville history-and your ticket to serious ROI. Bronzeville crown jewel. We're talking historic architecture, proximity to downtown, and a neighborhood that's been on the rise for years. The smart money has already moved in. Are you next? Income-Producing Machine - 9 bedrooms, 6 bathrooms, multiple units. This property is designed to print money. Whether you're looking to rent, renovate, or reposition, the numbers work.
Active
$650,000
4507 S Michigan Ave, Chicago, IL 60653
9beds
--sqft
Est.: Get pre-qualified
Multi Family
Built in 1898
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Historic architecture
- 71 days |
- 479 |
- 28 |
Zillow last checked:
Listing updated:
Listing courtesy of:
DeMarcus Hunter 773-466-7150,
Compass
Source: MRED as distributed by MLS GRID,MLS#: 12510407
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Bathroom
- Features: Double Sink
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Unassigned, Off Alley, Alley Access, Yes, Owned
Features
- Patio & porch: Deck, Porch
- Exterior features: Balcony
Lot
- Size: 4,356 Square Feet
- Dimensions: 30x150
Details
- Parcel number: 20033140010000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone
- Foundation: Brick/Mortar
- Roof: Rubber
Condition
- New construction: No
- Year built: 1898
- Major remodel year: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $340,000
- Annual tax amount: $7,197
- Date on market: 3/20/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,343/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Listed for sale | $650,000 |
Source:  MRED as distributed by MLS GRID #12510407 Report a problem | ||
| 1/12/2026 | Listing removed | $650,000 |
Source: MRED as distributed by MLS GRID #12510407 Report a problem | ||
| 12/16/2025 | Price change | $650,000-3.7% |
Source: MRED as distributed by MLS GRID #12510407 Report a problem | ||
| 11/27/2025 | Listed for sale | $675,000 |
Source: MRED as distributed by MLS GRID #12510407 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $7,197 +2.6% | $34,000 |
| 2022 | $7,015 +2.3% | $34,000 |
| 2021 | $6,858 -16.9% | $34,000 -8.2% |
| 2020 | $8,249 -2.4% | $37,028 -12% |
| 2019 | $8,454 +1.7% | $42,078 |
| 2018 | $8,312 +17.7% | $42,078 +28.3% |
| 2017 | $7,061 | $32,801 |
| 2016 | -- | $32,801 |
| 2015 | -- | $32,801 +6.8% |
| 2014 | $4,883 +2.4% | $30,720 |
| 2013 | $4,767 -13.5% | $30,720 |
| 2012 | $5,513 +229590.8% | $30,720 -19.7% |
| 2011 | $2 +10.6% | $38,276 |
| 2010 | $2 +6.4% | $38,276 |
| 2009 | $2 -92.2% | $38,276 -26.2% |
| 2008 | $26 -66% | $51,863 |
| 2007 | $77 -5.8% | $51,863 |
| 2006 | $82 -33% | $51,863 +69.1% |
| 2005 | $122 -4.8% | $30,665 |
| 2004 | $128 -34.5% | $30,665 |
| 2003 | $196 -11.6% | $30,665 +212.9% |
| 2002 | $222 -80.8% | $9,801 |
| 2001 | $1,152 -1.9% | $9,801 |
| 2000 | $1,174 | $9,801 +6.3% |
| 1999 | -- | $9,223 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Bronzeville
Nearby schools
GreatSchools rating
- 4/10Mollison Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Phillips Academy High SchoolGrades: 9-12Distance: 0.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Cook County
- Chicago
- 60653
- Bronzeville
- 4507 S Michigan Ave
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