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4153 S Prairie Avenue Chicago, IL 60653 Multi Unit - Multiple New

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Description

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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 3
Bathrooms: 2
County: Cook
Listed By:
Keller Williams ONEChicago 312-216-2422
MRED MLS
$945,000
Est. $6,003/mo
3beds
2baths
3cars
New to the Market New
BEDS3 BATHS2 full MLS#12609713
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 130

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Ruhl&Ruhl Realtors
563.441.1776

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4153 S Prairie Avenue, Chicago, IL 60653.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $945,000$945,000$945,000
Down Payment $189,000$33,075$236,250
Monthly Mortgage Amount $4,412$5,638$5,744
Taxes $1315$1315$1315
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$567$0
Monthly Estimated Total $6,003$7,796$7,335

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