4153 S Prairie Avenue

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4153 S Prairie Avenue

Chicago, IL 60653
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset located at 4153 S Prairie Avenue in Chicago
  • Property classified as an apartment building within a metropolitan market
  • Asset provides residential housing opportunities for the local city population
  • Investment potential for portfolio expansion in the Illinois region
  • Situated in a well-established submarket with consistent rental demand

What's Special

Chicago maintains a robust rental market, and this multifamily asset at 4153 S Prairie Avenue sits within a well-established neighborhood. The property serves as a functional investment for those seeking a foothold in a major metropolitan area characterized by its dense population and consistent demand for rental housing. The location provides connectivity to the broader city infrastructure, supporting various residential configurations common in urban multifamily apartment buildings. Investors and property managers often target these types of structures to implement value-add strategies or maintain stable cash flow through long-term occupancy. Given the structural nature of this apartment building, it is suitable for acquisition by portfolio buyers looking to expand their footprint in the local Chicago submarket. The site remains positioned to serve the immediate community housing needs effectively while benefiting from the economic scale inherent to the region.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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