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Listed price in listed location currency (USD).
$999,950

963

MLS® 12723096

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $3,304
Days Active 11
Lot Size 
Approx. Age 2024
MLS® Number 12723096

Property Address: 4053 S Prairie Ave, Chicago, IL, 60653-2212

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number12723096
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2024
BasementNone
DrivewayOff Alley, Garage Faces Side, Yes, Other
Garage Spaces
HeatNatural Gas, Forced Air
A/C

Extras

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