4157 S Prairie Avenue, Chicago, IL

$945,000

Overview

  • 243374
  • Property ID
  • Updated On:
  • April 14, 2026
  • 2
  • Bedrooms
  • 3
  • Bathrooms

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.

Bathrooms
2
3
Climate Control
Heating
Other Features
Block
Brick
Natural Gas
Public
Public Sewer

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$4,845.20
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 3,663.95

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Information for the property at 4157 S Prairie Avenue, Chicago, IL, 60653 (Property ID: 243374) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi