For Sale

Listed by Rashauna Scott from Keller Williams ONEChicago

Source: Midwest Real Estate Data, LLC #12609715

4155 S Prairie Ave, Chicago, IL, 60653

$945,000

2
3
3

MultiFam

30+ days on the market

What's around 4155 S Prairie Ave

About this property

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.

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