Coming Soon
Price Unknown
9 beds7,095 sqft

4507 S Michigan Ave, Chicago, IL 60653

See It First™

This home is on Compass before it's listed on other real estate sites.

Multi FamilyProperty Type
0.1 acresLot Size
1898Year Built
$92/sq ftPrice per sq ft
3 carsParking Spaces

Description

Rare Network opportunity to acquire a Bronzeville crown jewel. This 1898 historic beauty boasts 7,100+ square feet across 9 bedrooms and 6 bathrooms, sitting on one of Chicago's most iconic boulevards. With stunning historic architecture and unmatched proximity to downtown, this multi-unit property offers massive upside potential for an experienced investor or developer looking to renovate and reposition a high-ceiling asset in a rapidly appreciating neighborhood. The smart money has already moved...Rare Network opportunity to acquire a Bronzeville crown jewel. This 1898 historic beauty boasts 7,100+ square feet across 9 bedrooms and 6 bathrooms, sitting on one of Chicago's most iconic boulevards. With stunning historic architecture and unmatched proximity to downtown, this multi-unit property offers massive upside potential for an experienced investor or developer looking to renovate and reposition a high-ceiling asset in a rapidly appreciating neighborhood. The smart money has already moved in. Property is partially occupied. Drive-by only; do not disturb occupants. Interior access granted only during due diligence. Sold strictly As-Is.
Listing Agent
  1. DeMarcus Hunter

    DeMarcus Hunter

    Listing Agent

    Compass

    P: (773) 531-6163

Last updated: 10/15/2026 04:15 AM • Source: MRED as distributed by MLS GRID, MLS#: 12785210

Location

Add your commute

Property Information for 4507 South Michigan Avenue

Property Details

  • Taxes: $15,631 / year
  • MLS Type: Two to Four Units / 3 Flat
  • County: Cook County
  • Area: CHI - Grand Boulevard
  • Township: Hyde Park
  • Ownership: Fee Simple
  • Parking Included in Price: Yes
  • Heat/Fuel: Natural Gas
  • Zoning: MULTI

Building Information

  • Residences: 3
  • Year Built: 1898
  • Lot Size: 0.10 AC / 4,356 SF

General Information

School Information
  • Elementary School District: 299
  • Elementary School: 299
  • Jr High Middle School: 299
  • High School District: 299
  • High School: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking Details: Unassigned, Off Alley, Alley Access, Yes, Owned
Taxes and HOA Information
  • Additional Parcels: No

Property Information

Interior Features
  • Num Of Rooms: 28
  • Bedrooms Total: 9
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Double Sink
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 9
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Exterior Features
  • Patio And Porch Features: Deck, Porch
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Balcony
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2000
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30x150
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • Construction: Brick, Stone
  • Roof Type: Rubber
  • Foundation Details: Brick/Mortar
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 4507
  • East Coordinate: 100
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
  • Flood Zone: No
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 0
  • Photos Count: 59
  • Habitable Residence: Yes
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Multi Family

Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: MTM
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: MTM

Property History for 4507 South Michigan Avenue

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Cancelled

MRED #12510407

$650,000
—
Jun 3, 2026

Contingent

MRED #12510407

—
—
Jan 12, 2026

Temporarily Off Market

MRED #12510407

$650,000
—
DateEvent & SourcePrice
06/18/2026

Cancelled

MRED #12510407

$650,000
06/03/2026

Contingent

MRED #12510407

—
01/12/2026

Temporarily Off Market

MRED #12510407

$650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4507 South Michigan Avenue

Taxable Value

Land

$15,995

Additions

$59,005
Total$75,000

Tax Record

2023

$7,197 ($600 / month)

Home Facts

Baths

6

Total Finished SqFt

7,104 SqFt

Above Grade Finished SqFt

7,104 SqFt

Stories

3

Lot Size

4,570 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1898

County

COOK

APN

20-03-314-001

Fireplace Type

Has Fireplace

Schools near 4507 South Michigan Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Mollison Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Williams Medical Prep High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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4507 South Michigan Avenue is a multi-family home Coming Soon in Chicago, IL 60653. This listing's school district is Chicago Public Schools. Nearby schools include Mollison Elementary School, Phillips Academy High School and Bronzeville Classical Elementary School. 4507 South Michigan Avenue is a 9-bed, 6-bath, 7,095 sqft multi-family home built in 1898.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/15/2026 04:15 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.