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Bronzeville Newer Construction Investment Property
For Sale
Contact for pricing

4433 S Prairie Ave, Chicago, IL 60653

Six modern units in a vibrant, developing neighborhood.

Property SizeContact for details
Days on Market180

Property Features for 4433 S Prairie Ave

General Information

Standard status Active
Class A
Property subtype Multifamily
Zoning RM-5

Building Details

Year Built 2025
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471.003309
Source: Crexi
Added: Feb 25 Changed: Aug 8 Last Checked: Aug 8 at 6:33AM

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 North Clybourn Group, Inc.

Investment Insights

Based on property information with market context.

This newer construction investment property is located in the Bronzeville neighborhood, an area experiencing significant development. The property features six units within side-by-side three-flat buildings. Each unit includes three bedrooms and two bathrooms. The units have a modern design with luxurious finishes. Gourmet kitchens are equipped with cabinetry, stainless steel appliances, quartz islands, custom backsplashes, and eat-in dining nooks. Primary suites offer walk-in closets and spa-like bathrooms with oversized showers, frameless glass, custom mirrors, and designer plumbing fixtures. Interior finishes include engineered hardwood floors, window treatments, and custom closet organizers. High-performance systems feature tankless hot water heaters, high-efficiency HVAC systems, and in-unit washer/dryers. The property also includes rear outdoor space and 3-car garage parking. The location provides convenient access to transportation and Mariano's, with proximity to the expressway. This property is suitable for owner-occupants, investors, or 1031 exchanges.

Key Highlights

  • High 7.8% Cap Rate, ideal for investors.
  • Newer construction (built in 2025) with 6 units in a developing area.
  • Spacious 3‑bedroom, 2‑bath units with modern design and luxurious finishes.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Law Firm Building Supply Carpet & Flooring Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,189
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six modern units in a vibrant, developing neighborhood.
Where is this apartment building located?
The property is located at 4433 S Prairie Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,769,000.
What are key features of this property?
This property features: High 7.8% Cap Rate, ideal for investors.; Newer construction (built in 2025) with 6 units in a developing area.; Spacious 3‑bedroom, 2‑bath units with modern design and luxurious finishes.
(773) 645-7900 Call to check price and availability
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