Listing provided courtesy of Exit Strategy Realty / EMA ManagementMREDas Distributed by MLSGrid- MLS# 12680008MLS Provider

437 E 48th StreetChicago, IL 60615

Multi-Family · 10 Beds
$1,350,000 Active

437 E 48th Street Overview

Time on Site:
13 days
Visits:
0

Don't miss out on this rare opportunity to own a stunning new three-unit building in the heart of Bronzeville! This brick beauty boasts floor-to-ceiling windows in every living room, offering an abundance of natural light and incredible views. The first floor unit is duplexed to the lower level, while the second and third floor units feature the same layout and design throughout. Each unit showcases an open concept living room and kitchen, complete with a marble-like quartz countertop, high-end Samsung bespoke appliances, and a spacious island with seating for three. Hardwood floors flow seamlessly throughout, creating a warm and inviting atmosphere. The primary suites in each unit are a true oasis, with large closets and luxurious en-suite bathrooms featuring double sinks, separate showers, and deep soaking tubs with custom-designed tile. The two top units offer 3 bedrooms and 2 bathrooms, while the first unit boasts 4 bedrooms and 3 bathrooms, with two bedrooms on the first floor and two on the lower level. The lower level also includes a family room and an additional bathroom for the unit, as well as a common area with storage rooms for all units. Three parking spots are included on the property, providing convenience for residents and guests alike. This property is minutes away from schools like University of Chicago LAB school and the University, Ancona School, Burke and Dyett. Whether you are looking to invest in a three-unit building or individual condos, this custom-designed property is a rare find in Bronzeville. Don't miss out on your chance to own a piece of luxury living in this up-and-coming neighborhood. Schedule a showing today! AS Is- The two upstairs units are finished- the bottom unit rough is complete. Buyer just need to do drywall and finishes. Bring your bet offer!

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437 E 48th Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Building Information

  • New Construction: No
  • Year Built: 2024

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard
  • Township: Hyde Park

Community/Development

  • Community Features: Gated, Sidewalks, Street Lights, Street Paved

Tax Information

  • Tax Annual Amount: $1,071.00
  • Tax Year: 2022

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20102070140000
  • Property Type: Residential Income
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 6
  • Bedrooms Total: 10
  • Bedrooms Possible: 10
  • Full Baths Building: 6

General Information

  • Basement: Finished, Full
  • Heating: Natural Gas
  • Rooms Total: 14

Exterior

Parking Information

  • Parking Features: Off Alley, Yes, Owned
  • Parking Total: 3

Lot Information

  • Lot Size Dimensions: 25X125
  • Water Source: Lake Michigan

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block, Brick/Stone Msn Pred

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 4
  • Baths Total: 3

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 0
  • Beds Total: 3
  • Baths Total: 2

437 E 48th Street Neighborhood

Community

60615 (CHICAGO) Demographics

35
Median Age
14,432
Population Density (per sq. mile)
68%
College Educated
$44,658
Estimated Median Income
6,504
Estimated Total Home Owners
15,109
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

437 E 48th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

437 E 48th Street Market Data

Based on the last 30 days in this zip code

$411,555
Average List Price
$248
Average Price per Square Foot
30
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

437 E 48th Street History

Date Event Value Agent
6/22/2026Source: MRED Status Change
Active
6/16/2026Source: MRED Added to Database
June 16, 2026