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438 E 45th Place Chicago, IL 60653

$799,000
(Bank Owned) - New / MLS# 12711183 / Multi Unit - Multiple / Chicago
9 Beds
6 Baths

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.

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Baird & Warner Patrick McDonough Agent Cell: 773.766.7884 Email

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Estimated Payment

$ 2,708.93 per month $1,775.56 Principal & Interest $700.33 Property Tax $233.04 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Garage: 2
Heating: Natural Gas, Forced Air
Home Style: Greystone
Lot Size: 25 x 124
Roof Type: Flat
Taxes: $8,404
Year Built: 1887

Feature Descriptions

Additional Structures: Garage(s)
Bath Features: Double Sink, Soaking Tub
Exterior: Brick, Stone
Lot Dimensions: 25 x 124
Other Equipment: CO Detectors
Parcel#: 20034140250000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 18
Township: Hyde Park
Water: Lake Michigan, Public

Schools

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

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: North Clybourn Group, Inc.

Listing Office Phone: 773-252-0600



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