4157 S Prairie Ave

Chicago, IL 60653
  • $945,000

    Price
  • 2

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 87738 - 888506

Newly constructed triplexes located at 4153, 4155, and 4157 S Prairie Avenue, representing a rare, stabilized investment opportunity in the heart of Bronzeville. Each building features three modern 3-bedroom, 2-bathroom units with in-unit laundry, enclosed parking, and high- end contemporary finishes. Constructed between 2023 and 2024, the assets are fully leased and performing, providing investors with immediate cash flow and minimal operational friction. The opportunity for a purchaser is: 1) enjoy immediate cash flow; 2) new construction requires little capital requirements; and 3) in-place rents are at or below comparable properties, meaning rent growth is immediately available. Ten minutes south of Downtown, Bronzeville is a rapidly appreciating neighborhood situated along Chicago's famed Lakefront and blocks away from Washington Park, numerous cultural landmarks, and public transportation. It is bordered by Kenwood and Hyde Park, home to the prestigious University of Chicago.

Listing Highlights

Status Active
Days on Site 2
Property Type Multi-Family
MLS ® 12609690
Year Built 2023
Total Square Footage 0
Lot/Acreage 25' X 160
County Cook
School District 130

Interior Details

  • Bedrooms: 2
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 25' X 160
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $5,510
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20031160380000
  • Tax Year: 2023

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Questions About..

4157 S Prairie Ave Chicago, IL 60653

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Originating MLS: mred

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