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    10722 S Prairie Ave Chicago, IL 60628

    Under Contract
    For Sale
    $205,000

    Residential Income - Chicago, IL

    Days on Market:
    64
    Last Refresh:
    Dec 11 at 8:06 pm

    Property Features for 10722 S Prairie Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    25153040260000
    Parking
    1
    Exterior features
    Fencing
    Fencing
    Fenced

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1914
    Roof type
    Asphalt
    Architectural style
    Other

    Shield Real Estate (773) 791-8198 [email protected]

    Listing agent Rafael Alvarado (773) 791-8198 License #471015563

    Listing date Oct 9, 2025

    MLS# 12484244 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Chicago Multifamily Property

    This updated two-unit property in Chicago, Illinois, presents an opportunity for investors or first-time buyers. The building features new flooring, kitchens, and paint throughout. The first floor unit includes two bedrooms and one bathroom, while the second floor unit offers three bedrooms and one bathroom. A full unfinished basement provides additional space. The property also includes a detached one-car garage. The property is zoned MULTI. The intended use of the property is residential income. The listing mentions potential for positive cash flow once fully rented and income that can help assist with the mortgage if owner-occupied, or the option to collect rent.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6175571
    Latitude
    41.6992675

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    FAQs

    What type of property is this?
    Duplex - Updated two-unit property in Chicago with income potential.
    Where is this duplex located?
    The property is located at 10722 S Prairie Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: - Fully updated 2-flat with new flooring, kitchens, and paint.; - Two units: one with 2 bedrooms/1 bath, one with 3 bedrooms/1 bath.; - Potential for positive cash flow once fully rented.
    (773) 791-8198
    Request Owner's contact information
    10722 S Prairie Ave Chicago, IL 60628
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    Chicago, IL 60628
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10722 S Prairie Ave Chicago, IL 60628
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