4053 S Prairie Avenue
Chicago, IL, 60653
$999,950
9 Beds
6 Baths
0 SqFt
0 Acres
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MLS #MRD12723096 image #0
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.

Property Details

Price:
$999,950
MLS #:
MRD12723096
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Subdivision:
Bronzeville
Neighborhood:
chigrandboulevard
Listed Date:
Aug 12, 2026
Year Built:
2024
Chi – Grand BoulevardChigrandboulevardBronzeville

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Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Park, Sidewalks, Street Lights, Street Paved
Construction Materials
Vinyl Siding, Brick
Exterior Features
Balcony, Lighting
Fencing
Fenced
Parking Features
Off Alley, Garage Faces Side, Yes, Other
Parking Spots
3
Parking Total
3

Financial

Maintenance Fee
$1,234
Net Operating Income
$66,122
Tax Year
2024
Taxes
$3,304

Map

Community

Market Summary

Current real estate data for Multi Family in Chicago as of Oct 04, 2026
1,410
Multi Family Listed
77
Avg DOM
$528,924
Avg List Price

Property Summary

    Located in the Bronzeville subdivision, 4053 S Prairie Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60653. It is listed for $999,950

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