Active
4412 Prairie Avenue
Chicago, IL 60653
$899,999
0beds
0baths
—sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
Turnkey 6-unit multifamily asset located in the highly desirable Bronzeville / Grand Boulevard corridor, offering strong in-place income with immediate upside potential. The property features a highly sought-after unit mix of spacious 4-bedroom, 3-bedroom, and 2-bedroom units, catering to consistent rental demand and long-term tenant stability. The building is a fully occupied asset, with pro forma gross income exceeding $120,000 annually, this is an ideal opportunity for investors seeking a cash-flowing asset with built-in rental growth. Large unit sizes differentiate this property from typical multifamily inventory in the area, providing a competitive advantage in tenant retention and rent growth. Additional upside exists through continued rent optimization and operational efficiencies. Situated in a rapidly appreciating neighborhood with ongoing investment and development, the property benefits from proximity to transportation, retail, and downtown Chicago.
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeCommercial Sale
Year built0
Lot dimensions35x138
AreaCHI - Grand Boulevard
Annual tax$18,752
First listedMay 12, 2026
Parcel #20033090480000
CountyCook
MLS #MRD12634525
Days on market2
Photos27
Features
Cooling
Central Air
Construction
Brick
Listed by
Marblestone Property Group LLC
Cristina Rincon
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/13/2026, 10:41:02 PM. All data should be independently verified.
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