Six-Unit Multifamily
For Sale
Contact for pricing
4412-14 S Prairie Ave, Chicago, IL 60653
Fully occupied six-unit multifamily with tenants paying their own electric and heat.
Property SizeContact for details
Days on Market43
Property Features for 4412-14 S Prairie Ave
General Information
Standard status
Active
Class
B
Total Parking Spaces
6
Property subtype
Multifamily
Zoning
R3 - Multi-Family
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$40,461
Building Details
Year Built
1920
Buildings
1
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
(312) 376-8753
Listed By:
Cristina Rincon · License #475.198625
Source:
Crexi
Added: Jun 29
Changed: Aug 8
Last Checked: Jul 22 at 11:03PM
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 Cristina Rincon
Investment Insights
Based on property information with market context.
4412-14 S Prairie Ave presents a stabilized, 100% occupied six-unit multifamily asset. The building offers a mix of large-format 2-, 3-, and 4-bedroom layouts. Tenants are responsible for their own electric and heat, supporting lean operating expenses. The current in-place rent roll is $10,250 per month, reflecting an annualized total of $123,000.
The property is located on a well-maintained residential block in Chicago’s Bronzeville / Grand Boulevard corridor. The surrounding area is noted for proximity to the CTA Green Line, Lake Shore Drive, the Museum of Science and Industry, and Illinois Institute of Technology, along with an expanding retail and dining corridor.
This is a straightforward, income-producing rental property with the benefits of full occupancy and an apartment mix designed around larger household needs.
The property is located on a well-maintained residential block in Chicago’s Bronzeville / Grand Boulevard corridor. The surrounding area is noted for proximity to the CTA Green Line, Lake Shore Drive, the Museum of Science and Industry, and Illinois Institute of Technology, along with an expanding retail and dining corridor.
This is a straightforward, income-producing rental property with the benefits of full occupancy and an apartment mix designed around larger household needs.
Key Highlights
- Fully occupied 6‑unit multifamily in Bronzeville/Grand Boulevard with 100% occupancy
- Year built 1920
- In‑place rents total $10,250/month, or $123,000 annualized
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
Explore this area
Business Placement
Demographics for 60653, IL
33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied six-unit multifamily with tenants paying their own electric and heat.
Where is this apartment building located?
The property is located at 4412-14 S Prairie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Fully occupied 6‑unit multifamily in Bronzeville/Grand Boulevard with 100% occupancy; Year built 1920; In‑place rents total $10,250/month, or $123,000 annualized
