4157 S Prairie AVE, Chicago, IL 60653
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4157 S Prairie AVE, Chicago, IL 60653
4157 S Prairie AVE, Chicago, IL 60653
4157 S Prairie AVE, Chicago, IL 60653
4157 S Prairie AVE, Chicago, IL 60653
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4157 S Prairie AVE Chicago, IL 60653

2 Beds

3 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12609690

Bedrooms 2

Year Built 2023

Annual Tax Amount $19,761

Tax Year 2025

Lot Dimensions 25' X 160

Property Sub-Type Two to Four Units

Property Description

Newly constructed triplexes located at 4153, 4155, and 4157 S Prairie Avenue, representing a rare, stabilized investment opportunity in the heart of Bronzeville. Each building features three modern 3-bedroom, 2-bathroom units with in-unit laundry, enclosed parking, and high- end contemporary finishes. Constructed between 2023 and 2024, the assets are fully leased and performing, providing investors with immediate cash flow and minimal operational friction. The opportunity for a purchaser is: 1) enjoy immediate cash flow; 2) new construction requires little capital requirements; and 3) in-place rents are at or below comparable properties, meaning rent growth is immediately available. Ten minutes south of Downtown, Bronzeville is a rapidly appreciating neighborhood situated along Chicago's famed Lakefront and blocks away from Washington Park, numerous cultural landmarks, and public transportation. It is bordered by Kenwood and Hyde Park, home to the prestigious University of Chicago.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 3.0

Building

Dwelling Type Two to Four Units

Building Description Brick,Block, No

Sewer Public Sewer

Water Public

Structure Type Brick,Block

New Construction false

Schools

School District 130 , 130, 130

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Rashauna Scott of  Keller Williams ONEChicago 

Nearby Locations

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Tim Stassi

Tim Stassi

+1(312) 371-1070

Broker/Owner

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4157 S Prairie AVE