4412 S Prairie Avenue Chicago, IL $ 899,999
4412 S Prairie Avenue
$ 899,999
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4412 S Prairie Avenue

Chicago, IL, 60653
$ 899,999
Bedrooms12 Baths0.0

Monthly Estimate*

$ 5,541

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Multi-Family Home for sale in Chicago, IL

for $899,999 with 12 bedrooms. This home was built in 1887 on a lot size of 0.126951.

Turnkey 6-unit multifamily asset located in the highly desirable Bronzeville / Grand Boulevard corridor, offering strong in-place income with immediate upside potential. The property features a highly sought-after updated unit mix of spacious 4-bedroom, 3-bedroom, and 2-bedroom units, catering to consistent rental demand and long-term tenant stability. The building is a fully occupied asset, with pro forma gross income exceeding $120,000 annually, this is an ideal opportunity for investors seeking a cash-flowing asset with built-in rental growth. Large unit sizes and parking area differentiate this property from typical multifamily inventory in the area, providing a competitive advantage in tenant retention and rent growth. Additional upside exists through continued rent optimization and operational efficiencies. Situated in a rapidly appreciating neighborhood with ongoing investment and development, the property benefits from proximity to transportation, retail, and downtown Chicago.

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Multi-Family Active

Price

$ 899,999

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 18,752

Style

Multi-Family

Lot Size

0.126951

Year Built

1887

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12634525

Features
General
Cooling Central Air
Possession Closing Tenant's Rights
Zoning MULTI
Construction Materials Brick
Year Built 1887
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 3
Tax Year 2024
Current Use Multi-Family
Gross Income 10250
County Cook
Net Operating Income 40461
Operating Expense 74627
Insurance Expense 4500
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 20720
Status New
Directions Dan Ryan to 47th St to Prairie North to Property
City Chicago
Number Of Units Total 6
MLS Area CHI - Grand Boulevard
Lot Size Square Feet 5530
Tax Annual Amount 18752
Electric Expense 1815
Fuel Expense 176
Trash Expense 5955
Water Sewer Expense 10221
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 35x138
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* Excluded Features
List By
Marblestone Property Group Llc

Broker

tina@marblestonepg.com

Email

Affordability Calculator

$7,104
Per Month
78%
22%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$1,563
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$899,999 Listed Price

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4412 S Prairie Avenue, Chicago, IL, 60653 is a Multi-Family Home for sale at $899,999 with a lot size of 0.126951. 4412 S Prairie Avenue has 12 bedrooms, 0.0 baths, and was built in 1887. The property's zip code is 60653 which is in Chicago, IL