Discover a rare investment opportunity where timeless

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Commercial For Sale

442-444 E 48th Street

Chicago, Illinois 60615

Cook County

Community: 

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$4,000,000 0 br, 0.0 bath 0 sq. ft. 0.000 acres

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. Over 16k finished sq ft ! 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) 4 BD/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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 1902
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $12,000
  • MLS #: 12499290
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Contact Information:
Beach Commercial For Sale in Chicago, Illinois
Listing Agent: Jaymi Block, RE/MAX Legends, 708-655-5000, 630-216-8000 Listing Site, Listing Status: Active
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6775091
Viewed 62 times.
Updated: Nov 17, 2025

This property is a Commercial located at 442-444 E 48th Street, Chicago, Illinois 60615, and is currently For Sale at $4,000,000. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.