4358 S Prairie Avenue
Chicago, IL, 60653
$8,800,000
Beds
0 Baths
0 SqFt
0 Acres
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$8,800,000
4358 S Prairie Avenue
Chicago, IL, 60653
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7.05 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.

Property Details

Price:
$8,800,000
MLS #:
MRD12385708
Status:
Active
Beds:
0
Baths:
0
Address:
4358 S Prairie Avenue
Type:
Commercial
Neighborhood:
CHI – Grand Boulevard
City:
Chicago
Listed Date:
Jun 5, 2025
State:
IL
ZIP:
60653
Year Built:
1900

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Stone

Financial

Maintenance Fee
$32,396
Net Operating Income
$620,405
Tax Year
2023
Taxes
$47,671
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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4358 S Prairie Avenue
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