Chicago  »  60653  »  Bronzeville

4556 South Michigan Avenue, Chicago, IL 60653

Grand Boulevard, Bronzeville, South Side, Chicago
Building in Bronzeville
3 Stories
Built in 1889
4556 S Michigan Avenue - Photo 1
4556 S Michigan Avenue, Apt 3
Grand Boulevard, Bronzeville, South Side, Chicago
$1,950
|
3 Bed
|
2 Bath
By Chirag Thakkar
Welcome to 4556 South Michigan Avenue, a building located in Grand Boulevard, Bronzeville, South Side, Chicago in Chicago, IL. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1889. There are a total of 3 floors. Finally, 4556 South Michigan Avenue was most recently sold on Nov 16, 2018 for $525,000. The market value for the land that the building sits on has been listed at $281,750. In addition, improvements upon the building have an added value of $90,760. In total, the total market value of the property as a whole is $372,510. According to local assessors, the total value of the building is currently valued at $37,251. Specifically, the value of the land that the property sits on has been assessed at $28,175. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
General
Year Built
1889
Effective Year Built
1889
Building Count
1
Total Rooms
18
Bedroom Count
9
Bathroom Count
5
Full Bathrooms
5
Partial Bathrooms
5
Building Condition
Average
Building Quality
C
Construction Type
Masonry
Building Style
Multifamily
Exterior Walls Type
Masonry
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
Tar and gravel
Floor Count
3
Living Units
4
Floor Cover
unknown
Basement Type
Unfinished basement
Basement Area
0
Garage Type
Detached
Parking Space Count
2
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
WINSTONS SUB
Land Acres
0.185
Standard Land Use Code
Apartments (generic)
County Land Use Code
unknown
Legal Description 1
(WINSTONS) SUB OF S 34 ACS OF WH SW SEC 03-38-14
Ownership
Current Owner
WEAR JOHN
Current Owner's Name
WEAR JOHN
Current Owner 2
KELLBERG GAIL
Previous Owner
DAVIS WILLIAM M
Previous Owner's Name
DAVIS WILLIAM M
Owner Address - City
PARK RIDGE
Owner Address - State
IL
Owner Address - ZIP Code
60068
Owner First Name
JOHN
Owner Last Name
WEAR
Owner Before Previous Owner
AMERICAN HOME MORTGAGE SERVICING INC
Ownership Rights Codes
Joint tenants with right of survivorship
Neighborhood
School District Name
Chicago Public School District 299
Census Tract
844600
Census Block Code
1018
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
176
Census - Combined Statistical Area - Area Name
Chicago-Naperville, IL-IN-WI
Census - County FIPS
17031
Census - Full FIPS
170318446001018
Census - Metropolitan Division - Area Code
16984
Census - Metropolitan Division - Area Name
Chicago-Naperville-Evanston, IL
Census - Metro Micro Statistical Area - Area Code
16980
Census - Metro Micro Statistical Area - Area Name
Chicago-Naperville-Elgin, IL-IN-WI
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1714000
Census Source
US Census Bureau
Census State FIPS
17
Census Tract Code
844600
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1709930
School District - Unified - Name
Chicago Public School District 299
Zoning
Zoning
RM-5
Geography
Assessors Map Reference
014-37-02
District
70
Parcel
20-03-313-047-0000
Block
2
Lot
14,15
Lot Code
unknown
Meridian
SEC 03 TWN 38N RNG 14E
Municipality
HYDE PARK
Latitude
41.8114
Longitude
-87.6234
FIPS
17031
Mailing Carrier Code
C018
Mailing Street Direction
N
Mailing Full Street Address
617 N WASHINGTON AVE
Mailing House Number
617
Mailing Street Mode
AVE
Mailing Street
WASHINGTON
Mailing 4-Digit Zip Code
3422
Old APN
20-03-313-047-0000
Geo Status Code
unknown
Valuation
Timestamp
2024-04-01 17:36:18
UCID Flag
C
More About The Building
In total, the building area is listed as 4,493 square feet. The building itself has 4,493 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 4556 South Michigan Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Bronzeville area have a median price of $2,200. Those in the 25th percentile, have a price around $1,906. While those in the 75th percentile, have a price around $2,550. Typically, the buildings in this area have a median sqft of 1,350. That means that the median price per sqft is around $2. In other words, the price per sqft for buildings in the 25th percentile is $1. While the price per sqft for buildings in the 75th percentile is $2. As a breakdown, we've included the following stats:

  • There are currently a total of 3 studio listings. The median price for these types of listings is $1,325. That's $2.42 price per sqft.

  • There are currently a total of 4 one bedroom listings. The median price for these types of listings is $1,575. That's $2.36 price per sqft.

  • There are currently a total of 30 two bedroom listings. The median price for these types of listings is $2,073. That's $1.76 price per sqft.

  • There are currently a total of 33 three bedroom listings. The median price for these types of listings is $2,450. That's $1.65 price per sqft.

  • There are currently a total of 12 four bedroom listings. The median price for these types of listings is $2,475. That's $1.28 price per sqft.
About The Area
4556 South Michigan Avenue is located in Cook County, Illinois. There are 5,227,575 people living here. There are 1,951,606 households. Most of these households have an average family size of 3.43 people. According to the census, 43% are currently renting while 57% own their homes. The median age of this population is around 36.1 years old. On average, most folks in the county are unmarried. About 35% of folks speak a language other than English in this area. The area's employment rate is currently around 59.7%. Speaking of employment, the median income is $56,902. Most folks will commute by car for around 32.6 minutes. Finally, we know that 24% of residents in the area have graduated with their high school degree. Additionally, 22% and 15% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Chicago, IL - IN Urban Area has a population of 8,672,319 people. Based on census records, there are 3,153,810 registered households. Families in this area are on average made up of 3.4 people per household. Most folks are unmarried. They are also typically around 36.6 years old. Does diversity matter to you? Right now, 30% of folks speak a language other than English here. About 37% rent while 63% purchased their homes. Right now, the community is made up of 24% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 14% have a Master's degree. The employment rate is currently around 61.2%. Those employed, have a median income of $63,064. If you move here, you can expect to commute mostly by car for around 31.5 minutes.

$1,325
Studio Median Rent
$1,575
1BR Median Rent
$2,073
2BR Median Rent
$2,450
3BR Median Rent
PUBLIC TRANSIT
29
State & 46th Street (730 ft - 3 min walk)
Chicago Transit Authority
47
47th Street & Michigan (740 ft - 3 min walk)
Chicago Transit Authority
29
State & 46th Street (780 ft - 3 min walk)
Chicago Transit Authority
47
47th Street & Michigan (790 ft - 3 min walk)
Chicago Transit Authority
47
47th Street & Indiana (910 ft - 4 min walk)
Chicago Transit Authority

Nearby Schools

(within attendance boundary)
Mollison Elem School  •  0.42 mi
4415 S Mlk Jr Dr, Chicago, IL 60653
Public  •  Elementary  •  Grades PK to 8
Chicago Public School District 299
Univ of Chicago Chtr - Woodson  •  0.77 mi  
Charter
4444 S Evans Ave, Chicago, IL 60653
Public  •  Middle School  •  Grades 8
Chicago Public School District 299
244 E Pershing Rd, Chicago, IL 60653
Public  •  High School  •  Grades 9 to 12
Chicago Public School District 299
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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