Chicago, IL 60615 442-444 E 48th Street
$4,000,000



62 more






























































                    Presented By: REMAX Legends
                Home Details
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.
                                Presented By: REMAX Legends
                            General for 442-444 E 48th Street
                                            Additional Parcels Y/NNo
                                        
                                        
                                            CityChicago
                                        
                                        
                                            CountyCook
                                        
                                        
                                            Directions47th st E to Vincennes-S on Vincennes to 48th- W on 48th to property 442-444 48th
                                        
                                        
                                            Electric Expense999
                                        
                                        
                                            Fuel Expense9999
                                        
                                        
                                            Gross Income35000
                                        
                                        
                                            Insurance Expense999
                                        
                                        
                                            MLS AreaCHI - Hyde Park
                                        
                                        
                                            MaintenanceExpense999
                                        
                                        
                                            ModificationTimestamp2025-11-01T08:06:03.614Z
                                        
                                        
                                            Net Operating Income288540
                                        
                                            Number Of Units Total9
                                        
                                        
                                            Operating Expense123660
                                        
                                        
                                            Property TypeCommercial Sale
                                        
                                        
                                            Property TypeMulti Family 5+
                                        
                                        
                                            Standard StatusActive
                                        
                                        
                                            StatusNew
                                        
                                        
                                            Stories Count3
                                        
                                        
                                            Tax Annual Amount12000
                                        
                                        
                                            Tax Year2023
                                        
                                        
                                            Trash Expense999
                                        
                                        
                                            Water Sewer Expense999
                                        
                                        
                                            Year Built1902
                                        
Exterior for 442-444 E 48th Street
                                            Lot Dimensions163X65
                                        
                                    Additional Details
Price History
                    