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4053 S Prairie Avenue Chicago, IL 60653

$999,950
Active / MLS# 12723096 / Multi Unit - Multiple / Chicago
9 Beds
6 Baths

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.

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Baird & Warner John Lyons Agent Cell: 773.558.7133 Email

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Estimated Payment

$ 3,139.89 per month $2,572.99 Principal & Interest $275.25 Property Tax $291.65 Homeowner's Insurance
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Property Details

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

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: North Clybourn Group, Inc.

Listing Office Phone: 773-252-0600



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