4412 S Prairie Avenue
Chicago, IL, 60653
$899,999
12 Beds
6 Baths
0 SqFt
0 Acres
Add
MLS #MRD12634525 image #0
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.

Property Details

Price:
$899,999
MLS #:
MRD12634525
Status:
Active
Beds:
12
Baths:
6
Type:
Commercial
Neighborhood:
chigrandboulevard
Listed Date:
May 12, 2026
Year Built:
1887
Chi – Grand BoulevardChigrandboulevard

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick
Stories
3

Financial

Maintenance Fee
$20,720
Net Operating Income
$40,461
Tax Year
2024
Taxes
$18,752

Map

Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 18, 2026
913
Commercial Listed
185
Avg DOM
$992,195
Avg List Price

Property Summary

    4412 S Prairie Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60653. It is listed for $899,999

Similar Listings Nearby

broker reciprocity
MLS# MRD12499076broker reciprocity
2350 W Grand Avenue
Chicago, IL

$1,150,000

3.3 miles away

broker reciprocity
MLS# MRD12591459broker reciprocity
2435 S California Boulevard
Chicago, IL

$1,100,000

4.4 miles away

broker reciprocity
MLS# MRD12635126broker reciprocity
620 W Roosevelt Road
Chicago, IL

$1,095,000

3.9 miles away

broker reciprocity
MLS# MRD12614240broker reciprocity
2904 S Wells Street
Chicago, IL

$1,080,000

2.0 miles away

broker reciprocity
MLS# MRD12625316broker reciprocity
7600 S Phillips Avenue
Chicago, IL

$1,050,000

4.9 miles away

broker reciprocity
MLS# MRD12625079broker reciprocity
6837 S Clyde Avenue
Chicago, IL

$1,050,000

3.9 miles away

broker reciprocity
MLS# MRD12100233broker reciprocity
1419 W Taylor Street
Chicago, IL

$999,000

4.4 miles away

broker reciprocity
MLS# MRD12447562broker reciprocity
2312 W Touhy Avenue
Chicago, IL

$999,000

1.0 miles away

broker reciprocity
MLS# MRD12151349broker reciprocity
7001 S South Chicago Avenue
Chicago, IL

$995,500

3.3 miles away

broker reciprocity
MLS# MRD12275741broker reciprocity
3149-57 N Elston Avenue
Chicago, IL

$995,000

2.2 miles away

4412 S Prairie Avenue
Chicago, IL