4053 S Prairie Avenue, Chicago, IL, 60653

$999,950

9

Beds

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.

Additional Information: This property is located in the CHI - Grand Boulevard neighborhood, IL. This 9 bedrooms two to four units property is priced at $999,950.

Facts & Features

MLS® # 12723096
Price $999,950
Bedrooms 9
Bathrooms 0.00
Taxes $3,304
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
Taxes $3,304

Listing Details

OfficeNorth Clybourn Group, Inc.

Listing Map

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