4053 S Prairie Ave

Chicago, IL 60653
  • $999,950

    Price
  • 9

    Bed
  • 6

    Bath
  • 0

    SqFt

About the Listing 12604 - 1015402

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.

Listing Highlights

Status Active
Days on Site 18
Property Type Multi-Family
MLS ® 12723096
Year Built 2024
Total Square Footage 0
Lot/Acreage 3375
County Cook
Neighborhood Bronzeville
School District 299

Interior Details

  • Bedrooms: 9
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 3375
  • Roof:
  • Others: Balcony,Lighting
  • Sewer: Public Sewer
  • Parking Features: Off Alley,Garage Faces Side,Yes

Financial Details

  • Tax Amount: $3,304
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20031100350000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

4053 S Prairie Ave Chicago, IL 60653

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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