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4841 S Prairie Ave
Chicago, IL 60615
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Newly constructed three-unit multifamily property.
- Contemporary finishes and custom millwork throughout.
- Designer kitchens with integrated appliances.
Executive Summary
4841 S Prairie Avenue offers a newly constructed multifamily investment opportunity in Chicago's Bronzeville neighborhood. The three-unit building features three-bedroom, two-bathroom residences designed with contemporary finishes and modern functionality. Interior improvements include professional-grade kitchens with integrated appliances, quartz islands, full-height backsplashes, engineered flooring, custom millwork, designer plumbing fixtures, organized closets, and in-unit laundry. The property also includes a detached three-car garage and immediate occupancy availability. Located within close proximity to public transportation and neighborhood amenities, the asset provides convenient access to major employment, education, and cultural destinations throughout Chicago's South Side. The combination of new construction, contemporary design, and projected income generation positions the property as an attractive option for investors seeking a turnkey multifamily asset.
Property Facts
| Price Per Unit | $375,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.87 AC |
| Cap Rate | 7.57% | Building Size | 3,125 SF |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM-5 | ||
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| Cap Rate | 7.57% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.87 AC |
| Building Size | 3,125 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
| Zoning | RM-5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | - |
Property Taxes
| Parcel Number | 20-10-110-014-0000 | Improvements Assessment | $0 |
| Land Assessment | $13,300 | Total Assessment | $13,300 |
Property Taxes
Parcel Number
20-10-110-014-0000
Land Assessment
$13,300
Improvements Assessment
$0
Total Assessment
$13,300
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