4952 S Michigan Ave, Chicago, IL 60615

ACCESS & CONNECTIVITY

4952 S Michigan Avenue benefits from strong transit connectivity, with multiple CTA bus routes and rail options within easy walking distance that link the property to the Loop and greater South Side. Nearby bus stops along South Michigan Avenue and adjacent corridors are served by CTA routes 3, 29, 59, and 63, offering frequent north–south and crosstown service and convenient transfers to other city routes. Residents are a short walk from the 51st Street Green Line station, providing rapid rail access to Downtown Chicago and other employment centers, while Metra Electric’s 47th Street station is a brief drive away for regional commuter rail service.

AREA AMENITIES & DEMAND DRIVERS

The Property sits just a few miles south of the Loop, positioning residents within a short transit or rideshare commute of Downtown’s diverse employment base in finance, professional services, tech, healthcare, education, and government. The Property offers renters close-in access to the broader Chicago market while benefiting from Bronzeville/Grand Boulevard’s ongoing revitalization and strong apartment renter base.

4952 S Michigan Ave benefits from demand from workforce households, students, and young professionals seeking proximity to the CBD, the University of Chicago/Hyde Park, and major South Side institutional employers.

EXCEPTIONAL CHICAGO MARKET

4952 S Michigan Avenue benefits from a dynamic location within Chicago, providing direct access to the city’s diverse economic base and major employment hubs. In addition to nearby institutional anchors such as University of Chicago Medical Center and McCormick Place, residents benefit from connectivity to downtown headquarters and regional offices of leading financial and insurance employers including JPMorgan Chase, Bank of America, and CNA Financial. Proximity to higher-education institutions such as University of Chicago and Illinois Institute of Technology further reinforces stable rental demand, positioning the asset as a compelling long-term investment opportunity.

SEPARATELY METERED UTILITIES

Tenants are responsible for all utilities at the Property. This includes gas powered heat & hot water, individually metered electricity, and city water and sewer, all of which tenants pay directly.

OFF-STREET PARKING & AMENITIES

The Property offers off-street parking with two (2) spaces available, an added amenity for tenants to have a car while residing in the Chicago suburbs.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 31,200 people live within 1 mile of the Property with an average household income of $75,939. Over 285,000 people reside within 3 miles of the Property with an average household income of $85,676.

QUALITY OF LIFE AMENITIES

Along nearby 51st Street and key Bronzeville/Grand Boulevard corridors, residents have access to quick-service options such as fried chicken, burgers, and pizza spots, as well as casual sit down neighborhood restaurants offering soul food, Southern comfort, and global cuisine, reflecting the South Side’s diverse food scene.

A cluster of small grocers, liquor-and-food markets, and convenience outlets provide everyday staples close to home, while larger-format national grocery brands are reachable within a short drive for full line shopping trips.

Additional neighborhood retail, including apparel, personal services, and specialty shops, line nearby commercial streets and is reinforced by Bronzeville-focused initiatives and small business nodes, giving residents a blend of practical errands and locally owned destinations within a walkable or quick transit radius.