4053 S Prairie Avenue Chicago, IL $ 999,950
4053 S Prairie Avenue
$ 999,950
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4053 S Prairie Avenue

Chicago, IL, 60653
$ 999,950
Bedrooms9 Baths6.0

Monthly Estimate*

$ 6,314

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Multi-Family Home for sale in Chicago, IL

for $999,950 with 9 bedrooms and 6 full baths. This home was built in 2024.

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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Multi-Family Active

Price

$ 999,950

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 3,303

Style

Year Built

2024

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12723096

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Construction Materials Vinyl Siding Brick
Year Built 2024
Township Hyde Park
Tax Year 2024
Ownership Fee Simple
Gross Income 85200
Community Features Park Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 66122
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 1234
Subdivision Name Bronzeville
Total Rooms 12
Status New
Directions From Downtown take I-90/94 (Dan Ryan Expressway) to the 39th Street/Pershing Road exit head east to South Prairie Avenue then continue south to 4053 S. Prairie Avenue located in the Bronzeville neigh
City Chicago
High School District 299
MLS Area CHI - Grand Boulevard
Tax Annual Amount 3303.98
Electric Expense 722
Fuel Expense 595
Water Sewer Expense 1671
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Total Bedrooms 9
Total Baths 6
Bedrooms Possible 9
Bathroom Double Sink Soaking Tub
Full Baths Building 6
Half Baths Building 0
Total Number of Units 3
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Exterior
Exterior Amenities Balcony Lighting
Parking Features Off Alley Garage Faces Side Yes Other
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 3375
Waterfront Y/N N
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* Excluded Features
List By
North Clybourn Group, Inc.

Broker

shandi@ncgchicago.com

Email

Affordability Calculator

$6,589
Per Month
96%
4%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$275
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/12/2026$999,950 Listed Price

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4053 S Prairie Avenue, Chicago, IL, 60653 is a Multi-Family Home for sale at $999,950. 4053 S Prairie Avenue has 9 bedrooms, 6.0 baths, and was built in 2024. The property's zip code is 60653 which is in Chicago, IL