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$999,950

4053 Prairie Ave

Chicago, IL
Active
9
Bedrooms
2024
Year Built
82
Days On Market

Discover this fully stabilized, newer-construction three-flat in the heart of Bronzeville; an exceptional turnkey investment opportunity. Each spacious unit offers 3 bedrooms and 2 bathrooms with in-unit laundry, stainless steel appliances, quartz countertops, modern cabinetry, designer finishes, and a private primary suite with an en-suite bathroom. Rear balconies overlooking the backyard provide additional outdoor living space for tenants. Ideal for investors or a 1031 exchange, this income-producing property offers a current rent roll of $7,100 per month / $85,200 annually, providing strong rental income in one of Chicago's fastest-growing neighborhoods. Financials available upon request. Perfectly positioned in a high-demand location, the property is just minutes from the South Loop and Downtown Chicago, with convenient access to the CTA Green and Red Lines, Metra, Lake Shore Drive, and the Dan Ryan Expressway. Mariano's, neighborhood parks, schools, churches, and local dining are all within easy reach, making this an attractive location for tenants and an excellent long-term investment.

Listing Information

Listing Updated
08/25/2026
Listed By
Shandi Loven · North Clybourn Group, Inc., 7732520600
MLS#
12723096
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
4053 S Prairie Ave, Chicago, IL 60653
City
Chicago
County
Cook
Neighborhood
Bronzeville
Zip Code
60653

Architecture

Bedrooms
9
Year Built
2024
Construction Materials
Vinyl Siding, Brick
Garage Spaces
0
Parking Features
Other, Garage Faces Side

Features & Amenities

Exterior Features
Lighting, Balcony
Community Features
Sidewalks, Street Lights, Park
Heating
Forced Air, Natural Gas

Property Features

Sewer
Public Sewer

Tax & Financial Information

List Price
$999,950
Annual Taxes
$3,303

Schools

97/100
Urban Prep Charter Bronzeville High School
High · Grades 09–12 · 0.8 mi
City
Chicago
Students
416
Student body
98% Black · 1% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
81%
Phone
(773) 624-3444
71/100
Phillips Academy High School
High · Grades 09–12 · 0.3 mi
City
Chicago
Students
467
Parent reviews
5.0★ avg · 2 reviews
Student body
91% Black · 5% Hispanic / Latino · 2% Two or More Races
Free/reduced lunch
72%
Phone
(773) 535-1603
68/100
Univ of Chicago Charter - Woodson
Grades M–M · 0.7 mi
City
Chicago
Students
85
Student–teacher
12.1
Student body
100% Black
Free/reduced lunch
68%
Phone
(773) 624-0700
66/100
Bronzeville Classical Elementary School
Elementary · Grades KG–08 · 0.4 mi
City
Chicago
Students
458
Student–teacher
17.6
Student body
74% Black · 9% Asian · 7% Two or More Races
Free/reduced lunch
17%
Phone
(773) 535-8085
55/100
Wells Preparatory Elementary Academy
Elementary · Grades PK–08 · 0.5 mi
City
Chicago
Students
376
Student body
94% Black · 4% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
83%
Phone
(773) 535-1204
54/100
Perspectives Charter - IIT Campus
High · Grades 06–12 · 0.6 mi
City
Chicago
Students
419
Student body
96% Black · 2% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
97%
Phone
(773) 358-6800
54/100
Univ of Chicago Charter-Donoghue
Elementary · Grades PK–05 · 0.8 mi
City
Chicago
Students
499
Student body
95% Black · 3% Hispanic / Latino · 1% Two or More Races
Free/reduced lunch
85%
Phone
(773) 285-5301
53/100
James R Doolittle Academy
Elementary · Grades PK–08 · 0.8 mi
City
Chicago
Students
257
Student body
98% Black · 1% Hispanic / Latino · 0% White
Free/reduced lunch
100%
Phone
(773) 535-1040

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
08/12/2026Listed for sale$999,950

Listed by Shandi Loven · North Clybourn Group, Inc. · 7732520600

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: August 25, 2026 at 5:09 AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12723096

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