4507 S Michigan Avenue — Chicago, IL 60653
Active Under Contract
▼ $25,000
Chicago, IL 60653

4507 S Michigan Avenue

$650,000
9 beds · 6 baths
$25,000 below original 123 days on market $7,197/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$650,000
List price
Square feet
9
Bedrooms
6
Bathrooms
1898
Year built
0.10 ac
Lot size
2
Garage spaces
$7,197
Annual taxes
Two to Four Units
Style
123
Days on market
04Features
Heating
Natural Gas
Parking
UnassignedOff AlleyAlley AccessOwned
Construction
BrickStone
Sewer
Public Sewer
05Neighborhood
  • Bronzeville Wingz 0.2 mi
  • Kennedy Fish & Chicken 0.2 mi
  • Tony's Carryout 0.3 mi
  • Dirty Tiff's Cafe 0.3 mi
  • Renaissance Bronzeville 0.4 mi
  • Nicky's Gyros 0.5 mi
  • Adom African Market 0.2 mi
  • BP Shop 0.3 mi
  • BP Shop 0.3 mi
  • Citgo 0.5 mi
  • BP Shop 0.5 mi
  • Citgo 0.8 mi
  • Jackson Playlot Park 0.2 mi
  • Hadiya Pendleton Park 0.3 mi
  • Aspen Park 0.3 mi
  • Birch Park 0.4 mi
  • Metcalfe Park 0.4 mi
  • Robert Taylor Park 0.4 mi
  • Sip & Savor 0.2 mi
  • Spoken Word Cafe 0.4 mi
  • Ain’t She Sweet Cafe 0.6 mi
  • Sip & Savor 0.6 mi
  • Southside Grinds Coffee Co. 0.8 mi
  • Snack Shop 1.1 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 3, 2026
Price reducedThis listing
Compass
$650,000
−$25,000
Nov 27, 2025
Listed for saleThis listing
Compass
$675,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by Compass · DeMarcus Hunter
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12510407
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