About 4053 S Prairie Avenue
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.
Features of 4053 S Prairie Avenue
| MLS® # | 12723096 |
|---|---|
| Price | $999,950 |
| Bedrooms | 9 |
| Bathrooms | 0.00 |
| Year Built | 2024 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
Community Information
| Address | 4053 S Prairie Avenue |
|---|---|
| Area | CHI - Grand Boulevard |
| Subdivision | Bronzeville |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60653 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Off Alley, Garage Faces Side, Yes, Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Vinyl Siding, Brick |
|---|---|
| Exterior Features | Balcony, Lighting |
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 12 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | North Clybourn Group, Inc. |
|---|