Mixed-Use Property with Coach
For Sale
Contact for pricing
Pending
3453-55 S Prairie Ave, Chicago, IL 60616
Fully rented asset with apartment units, salons, and coach houses.
Property SizeContact for details
Days on Market146
Property Features for 3453-55 S Prairie Ave
General Information
Standard status
Pending
Property subtype
Mixed Use
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
3 x 3BR, 3 x 2BR, 6 x studio
Multifamily Units
12
Additional Details
Cap Rate
9.6%
Building Details
Buildings
4
Listing Agency:
Century 21 S.G.R., Inc.
Listed By:
Alexis Holland · License #IL
(312) 259-7461
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 2 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 S.G.R., Inc.
Investment Insights
Based on property information with market context.
This mixed-use property combines 3 parcels, a 50 x 125 lot, 2 buildings, and 2 coach houses. The 3453 Prairie building contains three 3-bedroom units and a salon. The 3455 Prairie building includes three 2-bedroom units, 6 studios, and a salon. The property is fully rented.
The asset is located at 3453-55 S Prairie Ave in Chicago’s Bronzeville area, with access from King Drive, 35th Street, and Prairie Avenue. Nearby destinations and institutions include Mariano’s, DePaul Center, McCormick Place, the 31st Harbor and Beach, the 35th pedestrian and bicycle bridge, IIT Campus, White Sox Park, I-55, and I-90/94. The stated cap rate is 9.6%.
The asset is located at 3453-55 S Prairie Ave in Chicago’s Bronzeville area, with access from King Drive, 35th Street, and Prairie Avenue. Nearby destinations and institutions include Mariano’s, DePaul Center, McCormick Place, the 31st Harbor and Beach, the 35th pedestrian and bicycle bridge, IIT Campus, White Sox Park, I-55, and I-90/94. The stated cap rate is 9.6%.
Key Highlights
- 3 parcels with a 50 x 125 lot, 2 buildings, and 2 coach houses
- 3453 Prairie includes three 3‑bedroom units and a salon
- 3455 Prairie includes three 2‑bedroom units, 6 studios, and a salon
Property Analytics
Current Use
Lease Details
12
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully rented asset with apartment units, salons, and coach houses.
Where is this mixed-use property located?
The property is located at 3453-55 S Prairie Ave Chicago, IL.
What are key features of this property?
This property features: 3 parcels with a 50 x 125 lot, 2 buildings, and 2 coach houses; 3453 Prairie includes three 3‑bedroom units and a salon; 3455 Prairie includes three 2‑bedroom units, 6 studios, and a salon
