Chicago, IL 60653 4358 S Prairie Avenue
$8,345,000



85 more





















































































Presented By: North Clybourn Group, Inc.
Home Details
7.5 CAP Welcome to TPAL, The Prairie Ave Lofts, a Crown Jewel of the Bronzeville Collection spans 125 x 160.58 just under a 1/2 acre perfectly positioned on a prime corner in well located high growth Bronzeville 1/4 block to Green Line and Pendleton Park. An Iconic Classic Chicago All Masonry 31-unit prominent walk up with distinctive 5 entrances, steel rear decks, private all masonry entertainment size front terraces plus 19 gated parking spaces. A complete gut renovation, electric, plumbing, roof, windows, unit interiors with meticulous attention to detail . The development team embraced this extensive undertaking showcasing superior craftsmanship and attention to detail with fully documented capital improvements and have hit every metric of turnkey asset offering abundant choice for numerous investment objectives. TPAL is a true testament to timeless design and modern functionality. Expansive ,intelligent and diverse floor plans feature: (4) Stunning 3-bedroom, 2.5-bath duplexes that feel like single-family homes. (1) Spacious 4-bedroom, 2-bath simplex. (14) Elegant 2-bedroom, 2-bath units. (14) Highly sought-after 1-bedroom + den, 1-bath layouts. Fluid integration of endless details and appointments consistent throughout, Sophisticated open flow, professional modernist kitchens, full back splash, under cabinet lighting, quartz and granite, intricate tile applications, accessory niches, vessel sinks with banjo granite, hardwood floors laid on diagonal, exposed brick, premium mill work, individual HVAC, washer dryers in unit, custom closets organizers, window treatments, dimmers, hi style designer lighting, heated floors, private attached walk out entertainment size masonry terraces and oversized steel decking, common area rival boutique hotel luxury, skylights, commercial grade glass entry, art deco tile, professional grade art offer a branded lifestyle that resonates with discerning residents and a soft sampling of the exhausting list of building and unit features. Rarely vacant . An unparalleled investment opportunity. See Brokers Private remarks for further scaling opportunities.
Presented By: North Clybourn Group, Inc.
Interior Features for 4358 S Prairie Avenue
Other Interior Features
BasementFinished, Partially Finished, Exterior Entry
General for 4358 S Prairie Avenue
Additional Parcels Y/NNo
Cap Rate7.5
CityChicago
Construction MaterialsBrick, Stone
CoolingCentral Air
CountyCook
Current UseMulti-Family
DirectionsMLK Drive to 44th, West on 44th to Prairie.
ElectricCircuit Breakers
Electric Expense2047
Fuel Expense
Gross Income841522
Insurance Expense14230
Lot Size Square Feet20072
MLS AreaCHI - Grand Boulevard
MaintenanceExpense15000
ModificationTimestamp2025-10-13T05:07:25.406Z
Net Operating Income626095
Number Of Units Total31
Operating Expense173686
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count4
Tax Annual Amount61972
Tax Year2023
Tenant PaysElectricity, Heat, Other, Hot Water
TownshipHyde Park
Trash Expense7201
Water Sewer Expense11990
Year Built1900
ZoningMULTI
Exterior for 4358 S Prairie Avenue
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions125 X 160.58
Additional Details
Price History
