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About This Home
This 2-bedroom, 3-bathroom residential multi family at 4157 S Prairie Avenue in Chicago, IL is listed for $945,000. Built in 2023, on a N/A lot.
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.
Key Features
- Built in 2023
Property Details
Monthly Cost Estimate
$5,054/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4157 S Prairie Avenue
Chicago, IL 60653
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 3-bathroom residential multi family at 4157 S Prairie Avenue is listed at $945,000. The estimated monthly payment is $4,095 based on 20% down at 6.5% interest.
Key features include: Built in 2023.
This property is listed by Rashauna Scott and can be reached at (312) 216-2422 or rashaunascott@kw.com.