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    9528 S Prairie Ave Chicago, IL 60628

    Picture of Duplexes at S Prairie Ave 9528, Chicago, IL
    Under Contract
    For Sale
    $99,999

    Residential Income - Chicago, IL

    Days on Market:
    250
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 9528 S Prairie Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    7
    APN
    25101020290000
    Parking
    2

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1930
    Architectural style
    Other

    Exit Strategy Realty (312) 493-0920 [email protected]

    Listing agent Vincent Roofe (312) 554-5478 License #475196957

    Listing date Apr 9, 2025

    MLS# 12327236 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

    Chicago Multifamily Investment Opportunity

    This solid brick 2-unit building presents an investment opportunity in a growing Chicago neighborhood. The property, rehabbed in 2008, features a layout suitable for both investors and future homeowners. The first-floor unit is duplexed down, offering a 4-bedroom, 2-bathroom configuration, which is designed to accommodate larger families or generate additional rental income. The second-floor unit includes 3 bedrooms and 1 bathroom, providing a steady rental cash flow. While the property requires updates, its structure is in good condition, offering a canvas for value-add improvements. Comparable properties in the Roseland area have sold for up to $400,000, presenting an opportunity for buy-and-hold investors or fix-and-flip specialists to capitalize on the upside potential. This versatile, income-producing asset is located in a neighborhood on the rise.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6181011
    Latitude
    41.7209104

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    FAQs

    What type of property is this?
    Duplex - Solid brick 2-unit building with income potential in Chicago.
    Where is this duplex located?
    The property is located at 9528 S Prairie Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $99,999.
    What are key features of this property?
    This property features: - Strong potential for value-add improvements in a growing neighborhood.; - Solid brick 2-unit building, rehabbed in 2008, with strong structural integrity.; - **Duplexed-down first-floor unit with 4 bedrooms and 2 bathrooms**, suitable for large families or increased rental income.
    (312) 554-5478
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    9528 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
    9528 S Prairie Ave Chicago, IL 60628
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