438 E 45th Place Chicago, IL 60653
Grand Boulevard NeighborhoodEstimated payment $5,109/month
Highlights
- Gated Community
- Property is near park
- 2 Car Detached Garage
- Deck
- Greystone Architecture
- 1-minute walk to Birch Park
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $8,404
Year Built
- Built in 1887 | Remodeled in 2016
Parking
- 2 Car Detached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Greystone Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Stone Siding
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Potential Bedrooms
- 6 Bathrooms
- Dual Sinks
- Soaking Tub
Outdoor Features
- Deck
- Patio
Schools
- Mollison Elementary School
- Dyett Academic Center High Schoo
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 25 x 124
- Property is near park
Community Details
Overview
- 3 Units
- Bronzeville Subdivision
Building Details
- Electric Expense $797
- Insurance Expense $6,084
- Maintenance Expense $3,435
- Manager Expense $2,410
- Professional Management Expense $1,560
- Water Sewer Expense $2,354
- Gross Income $83,868
- Net Operating Income $52,830
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,756 | $41,677 | $10,850 | $30,827 |
| 2024 | $5,756 | $41,677 | $10,850 | $30,827 |
| 2023 | $5,610 | $27,192 | $10,850 | $16,342 |
| 2022 | $5,610 | $27,192 | $10,850 | $16,342 |
| 2021 | $5,647 | $28,000 | $10,850 | $17,150 |
| 2020 | $4,719 | $21,184 | $5,270 | $15,914 |
| 2019 | $4,837 | $24,073 | $5,270 | $18,803 |
| 2018 | $4,755 | $24,073 | $5,270 | $18,803 |
| 2017 | $4,837 | $22,469 | $4,340 | $18,129 |
| 2016 | $4,500 | $22,469 | $4,340 | $18,129 |
| 2015 | $4,117 | $22,469 | $4,340 | $18,129 |
| 2014 | $3,554 | $19,155 | $3,720 | $15,435 |
| 2013 | $3,484 | $19,155 | $3,720 | $15,435 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/08/2026 08/08/26 | Pending | -- | -- | -- |
| 08/04/2026 08/04/26 | For Sale | $799,000 | 0.0% | -- |
| 03/21/2018 03/21/18 | Rented | $1,710 | +4.6% | -- |
| 03/08/2018 03/08/18 | For Rent | $1,635 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | Stewart Title Company | |
| Corporate Deed | $94,000 | Cti | |
| Legal Action Court Order | -- | None Available | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | Chicago Title Insurance Co | |
| Warranty Deed | $325,000 | Chicago Title Insurance Co | |
| Warranty Deed | $267,000 | Intercounty Title | |
| Warranty Deed | $265,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | Commercial | |
| Previous Owner | $264,750 | FHA | |
| Previous Owner | $212,000 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12711183
APN: 20034140250000
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Ask me questions while you tour the home.