4155 S Prairie Ave, Chicago, IL 60653
Multifamily property featuring three units for sale.
- Added:
- Feb 27, 2026
- Days on Market:
- 129
- Last Refresh:
- Jun 25 at 11:46 am
Property Features for 4155 S Prairie Ave
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2024
Listing office KWILL RE LLC
Listing date Feb 27, 2026
Source Crexi
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 KWILL RE LLC
HighLights
- Multifamily property with 3 units.
- New construction built in 2024.
- Price per unit: $325,000.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.4k | $25.20 |
| − Vacancy | −$6.2k | −$1.39 |
| EGI | $107.2k | $23.81 |
| − OpEx | −$32.1k | −$7.14 |
| NOI | $75.0k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6194179
- Latitude
- 41.8186056
