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4358 S Prairie Ave Chicago, IL 60653

For Sale
$8,360,000

Commercial Sale - Chicago, IL

Days on Market:
19
Last Refresh:
Dec 14 at 10:06 pm

Property Features for 4358 S Prairie Ave

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Zoning
MULTI
APN
20033030250000

Utilities

Cooling system
Central Air

Building Details

Year built
1900
Number of units
31
Architectural style
Other

North Clybourn Group, Inc. (773) 252-0600 [email protected]

Listing agent Karen Biazar (773) 252-0600 License #471003309

Listing date Nov 26, 2025

MLS# 12524348 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

Bronzeville Multifamily Investment Opportunity

Located in the high-growth Bronzeville neighborhood of Chicago, The Prairie Ave Lofts is a 31-unit all-masonry walk-up building spanning 125 x 160.58, just under a 1/2 acre. The property is positioned on a prime corner, a quarter block from the Green Line and Pendleton Park. The building features five entrances, steel rear decks, private all-masonry front terraces, and 19 gated parking spaces. The property has undergone a complete gut renovation, including electric, plumbing, roof, windows, and unit interiors. The renovation showcases superior craftsmanship and attention to detail with documented capital improvements. The diverse floor plans include four 3-bedroom, 2.5-bath duplexes; one 4-bedroom, 2-bath simplex; fourteen 2-bedroom, 2-bath units; and fourteen 1-bedroom + den, 1-bath layouts. Units feature open flow, modernist kitchens, full backsplashes, under-cabinet lighting, quartz and granite countertops, intricate tile applications, vessel sinks, hardwood floors, exposed brick, premium millwork, individual HVAC systems, in-unit washer dryers, custom closet organizers, window treatments, dimmers, designer lighting, heated floors, private attached walk-out masonry terraces, and oversized steel decking. Common areas feature skylights, commercial-grade glass entry, and art deco tile. The property is intended as a turnkey asset offering abundant choice for numerous investment objectives.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
-87.619833
Latitude
41.815521

FAQs

What type of property is this?
Apartment building - Completely renovated 31-unit apartment building near Green Line.
Where is this apartment building located?
The property is located at 4358 S Prairie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $8,360,000.
What are key features of this property?
This property features: - Completely renovated 31-unit building with new electric, plumbing, roof, windows, and unit interiors.; - Prime corner location in high-growth Bronzeville, close to the Green Line and Pendleton Park.; - Diverse unit mix including 3-bedroom duplexes, 4-bedroom simplex, 2-bedroom units, and 1-bedroom + den units.
More about this property
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