4053 S Prairie Avenue, Chicago, IL 60653

$999,950
  • 4053 S Prairie Avenue, Chicago, IL 60653 Main Photo

27 Total Photos [Click to View All]

Re-activated
BEDS9 BATHS6 full MLS#12723096
STATUSRe-activated PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBronzeville SCHOOLDistrict 299

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.

4053 S Prairie Avenue | MLS# 12723096

This multi-family property located at 4053 S Prairie Avenue, Chicago, IL 60653 is currently listed for sale with an asking price of $999,950. S Prairie Avenue is located within the District 299 school district. Search Chicago real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas, Forced Air
Lot Size: 3,375
Taxes: $3,303
Year Built: 2024

Feature Descriptions

Bath Features: Double Sink, Soaking Tub
Exterior: Vinyl Siding, Brick
Lot Dimensions: 3375
Parcel#: 20031100350000
Parking: Off Alley, Garage Faces Side, Yes, Other
Sewer: Public Sewer
Total Rooms: 12
Township: Hyde Park
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: North Clybourn Group, Inc.
Agency Phone: 773-252-0600

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

IDX logo

Estimate Your Payment

Estimated Payment

$ 6,160.34 per month $5,593.44 Principal & Interest $275.25 Property Tax $291.65 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder