4053 S Prairie AVE, Chicago, IL 60653
4053 S Prairie AVE, Chicago, IL 60653
4053 S Prairie AVE, Chicago, IL 60653
4053 S Prairie AVE, Chicago, IL 60653
4053 S Prairie AVE, Chicago, IL 60653
4053 S Prairie AVE, Chicago, IL 60653
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$ 999,950
Est. payment | /mo

9 Beds

6 Baths


Save
$ 999,950
Est. payment | /mo
Save

9 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Bronzeville

MLS Listing ID 12723096

Bedrooms 9

Maintenance Fees $1,234

Year Built 2024

Annual Tax Amount $3,303

Tax Year 2024

Lot Dimensions 3375

Property Sub-Type Two to Four Units

Property Description

Discover this fully stabilized, newer-construction three-flat in the heart of Bronzeville; an exceptional turnkey investment opportunity. Each spacious unit offers 3 bedrooms and 2 bathrooms with in-unit laundry, stainless steel appliances, quartz countertops, modern cabinetry, designer finishes, and a private primary suite with an en-suite bathroom. Rear balconies overlooking the backyard provide additional outdoor living space for tenants. Ideal for investors or a 1031 exchange, this income-producing property offers a current rent roll of $7,100 per month / $85,200 annually, providing strong rental income in one of Chicago's fastest-growing neighborhoods. Financials available upon request. Perfectly positioned in a high-demand location, the property is just minutes from the South Loop and Downtown Chicago, with convenient access to the CTA Green and Red Lines, Metra, Lake Shore Drive, and the Dan Ryan Expressway. Mariano's, neighborhood parks, schools, churches, and local dining are all within easy reach, making this an attractive location for tenants and an excellent long-term investment.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Exterior Feature Balcony, Lighting

Community Features Park, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding,Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding,Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Shandi Loven of  North Clybourn Group, Inc. 

NEARBY SCHOOLS & PROPERTIES

Serene Realty, Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States

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4053 S Prairie AVE