438 E 45TH Place
Chicago, IL, 60653
$799,000
9 Beds
6 Baths
0 SqFt
0 Acres
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$799,000
438 E 45TH Place
Chicago, IL, 60653
MLS #MRD12711183 image #0MLS #MRD12711183 image #1MLS #MRD12711183 image #2MLS #MRD12711183 image #3MLS #MRD12711183 image #4MLS #MRD12711183 image #5MLS #MRD12711183 image #6MLS #MRD12711183 image #7MLS #MRD12711183 image #8MLS #MRD12711183 image #9MLS #MRD12711183 image #10MLS #MRD12711183 image #11MLS #MRD12711183 image #12MLS #MRD12711183 image #13MLS #MRD12711183 image #14
Unicorn Alert. Majestic without straining for it, 3-unit Greystone sequestered on a classic, iconic, intact storybook streetscape just off King Drive in the Heart of Bronzeville. The kind of block a location scout stumbles onto, and a neighborhood never stops being proud of. Three expansive 3-bedroom, 2-bath residences, each with a separate formal dining room. Significant documented capital improvements across sixteen years of single ownership delivering a turnkey opportunity for an investor or owner-occupant. Gated entry, professionally landscaped with irrigation system in place. Endless appointments, Premium millwork, crown molding, picture rail, trim and rich hardwood floors throughout. Gourmet kitchens, Granite & Quartz Countertops with stainless appliances. Washer and dryer, separate central air and gas forced air, individual hot water tanks in each unit. Closet organizers, window treatments, designer lighting throughout. Guest and Primary baths feature oversized and double vanities, tub/shower, built-in medicine cabinets and extensive stone and marble. Rear decks and oversized patio bookmarked by a two-car garage. Continuous exterior program including full structure power washing, tuckpointing and masonry restoration completed in 2026. Dual divided full unfinished basement separates private storage from building mechanicals at the rear, with the front section served by its own dedicated entry and exit offering expandable space for a workshop, office or additional dwelling unit. RM-5 zoning offers a clear path for an ADU; Zoning Certificate delivered as 3 Dwelling Units. This is a high value opportunity, Exceptional location, Hyper Convenient, walking distance to green line, minutes to lakefront, South Loop, U of C, Hyde Park, and much more. Current income $83,868. 48 hours’ notice required for all showings. See broker’s private remarks.

Property Details

Price:
$799,000
MLS #:
MRD12711183
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Subdivision:
Bronzeville
Neighborhood:
chigrandboulevard
Listed Date:
Aug 4, 2026
Year Built:
1887
Foreclosed Bank OwnedGreystoneChi – Grand BoulevardChigrandboulevardBronzevilleMollison Elementary SchoolDyett Academic Center High Schoo

Schools

School District:
299
Elementary School:
Mollison Elementary School
High School:
Dyett Academic Center High Schoo

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Greystone
Community Features
Park, Curbs, Gated, Sidewalks, Street Lights
Construction Materials
Brick, Stone
Garage Spaces
2
Other Structures
Garage(s)
Parking Features
Garage Door Opener, Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck, Patio
Roof
Flat

Financial

Maintenance Fee
$3,435
Net Operating Income
$52,830
Tax Year
2024
Taxes
$8,404
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Aug 07, 2026
1,422
Multi Family Listed
82
Avg DOM
$530,349
Avg List Price

Community

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Property Summary

    Located in the Bronzeville subdivision, 438 E 45TH Place Chicago IL is a Multi Family for sale in Chicago, IL, 60653. It is listed for $799,000 To schedule a showing of MLS#mrd12711183 at 438 E 45TH Place in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
438 E 45TH Place
Chicago, IL