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Listed by Shandi Lovenof North Clybourn Group, Inc.
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Est. payment /mo
New
4053 S Prairie AVE Chicago, IL 60653
9 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Bronzeville
MLS Listing ID 12723096
Bedrooms 9
Year Built 2024
Annual Tax Amount $3,303
Tax Year 2024
Lot Dimensions 3375
Property Sub-Type Two to Four Units
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.
Location
State IL
County Cook
Community Park, Sidewalks, Street Lights, Street Paved
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Balcony, Lighting
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Vinyl Siding,Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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