4944 South Michigan Avenue

Chicago, IL 60615

$618,000
Last Sold Price
14
Beds
9
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unique Legal 3-Flat with an unfinished basement just waiting for your rehab ideas Historic Bronzeville. This is a GREAT investment for the owner-occupant or savvy investor with multiple paying rents once Rehabbed! Investment Opportunity? Get Top rents for these units for sure! First Floor offers 4BD/3BA. The 2nd-Floor and 3rd-Floor have a rare 5BD/3BA. The basement unit is huge (possible:3BD/2BA) with high ceilings and plenty of storage. All floors are very large approx.: 3,000 S. F. each floor must...Unique Legal 3-Flat with an unfinished basement just waiting for your rehab ideas Historic Bronzeville. This is a GREAT investment for the owner-occupant or savvy investor with multiple paying rents once Rehabbed! Investment Opportunity? Get Top rents for these units for sure! First Floor offers 4BD/3BA. The 2nd-Floor and 3rd-Floor have a rare 5BD/3BA. The basement unit is huge (possible:3BD/2BA) with high ceilings and plenty of storage. All floors are very large approx.: 3,000 S. F. each floor must see to appreciate! Living, dining rooms, kitchen, hardwood floors throughout all with Central Air and in-unit laundry hookups. All separate utilities, gas forced-air furnaces with central air. Fenced backyard and brick 2-car garage. The building has a newer roof, electric 200 amp, and plumbing in the updated bathrooms on the 2nd floor. The property & location can't be beat! Walk to the parks, schools, shopping, public transportation, and much more...
  1. Listed by Edgardo Guerrero • REMAX Legends

Sold By Century 21 Circle

Property Details for 4944 South Michigan Avenue

Area
CHI - Grand Boulevard
Township
Hyde Park
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
0.0
Num Of Cars
2.0
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Greystone

Location

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LISTING UPDATED: 09/04/2023 01:46 PM

Property Details for 4944 South Michigan Avenue

StatusClosed
MLS #11778633
Days on Market118
Taxes$6,239 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1900
Lot Size0.09 AC / 3,920 SF
CountyCook County

Location

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Building Information for 4944 South Michigan Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$3,893 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,373

Property Taxes

$520

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4944 South Michigan Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage, Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Location and General Information
  • Postal Code Plus 4: 4160
Property Information
Interior Features
  • Num Of Rooms: 24
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved, Other
  • Basement Type: Full
  • Bedrooms Possible: 14
  • Basement Description: Unfinished
  • # Full Baths in Building: 9
  • # Half Baths in Building: 0
  • Num of Baths: 9.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
Property/Lot Information
  • Exterior Property Features: Balcony, Porch
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30 X 160
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Stone
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 4944
  • East Coordinate: 200
  • West Coordinate: 0
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Conventional, Cash, Other
  • Public Document Count: 0
  • Photos Count: 28
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: VAC
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 2
  • Lease Expiration Date: OWNER
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 5
  • Unit Type Type: Unit 3
  • Lease Expiration Date: VAC

Property History for 4944 South Michigan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4944 South Michigan Avenue

Taxable ValueLand$16,800Additions$8,200Total$25,000
Tax Record2022$4,452 ($371 / month)
Home Facts
Baths3Total Finished SqFt6,537 SqFtAbove Grade Finished SqFt6,537 SqFtStories3Lot Size4,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1889CountyCOOKAPN20-10-113-033

Schools near 4944 South Michigan Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Burke Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Williams Medical Prep High School
Public9 to 12

Bronzeville Scholastic 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REMAX Legends

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.