$1,350,000 USD
248-977-0226
4139 S Prairie Ave
Chicago, IL 60653
Bronzeville
HIGHLIGHTS
- Desirable Unit Mix: (7) 3 BD/1 BA & (1) 2 BD/1 BA units.
- Newer electrical, windows, copper plumbing, entrance-way and common areas.
- Individual furnaces in all units. Porches updated in 2023.
- Updated kitchen and baths with condo quality finishes.
- Walking distance to 75,000 Sq Foot. Mariano's at Pershing and MLK Dr.
- Close proximity to both Illinois Institute of Technology (ITT) & The University of Chicago.
OVERVIEW
Interra Realty has been exclusively engaged to present for sale 4139-41 S. Prairie Ave. The property is an 8 unit building consisting of seven (7) 3 BD/1 BA units and one (1) 2 BD/1 BA units. Located in Chicago's Bronzeville neighborhood, theasset presents qualified investors with the opportunity to acquire a fully stabilized building that has experienced a
significant amount of recent capital improvements.
FOR SALE DETAILS
PRICE
$1,350,000 USD
PRICE/SF
$338 USD /SF
# OF UNITS
8
PRICE/UNIT
$168,750
CAP RATE
7.02%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1895
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.09 AC
LAND SF
4,000 SF
ZONING
B-1
APN/PARCEL ID
20-03-116-008-0000
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248-977-0226
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248-977-0226
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