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4155 S Prairie Ave

Chicago IL 60653

2
3
3
Multi-Family
Currently for sale - view listing

Overview

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 from fully occupied units; 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.

Features

2 bedrooms
3 bathrooms
3 carspaces
Multi-Family

Property history for 4155 S Prairie Ave

2019
Sold
$145,000
28 Aug 2019

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Local market activity for 2 bedroom multi families in Chicago

In the last 12 months, 1 two-bedroom multi family similar to 4155 S Prairie Ave, have been sold.

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