9737 S Prairie Avenue

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 9737 S Prairie Ave, Chicago, IL 60628, USA
Chicago & Midwest + Apartment Buildings
Created date: July 29, 2026
Date last updated: September 16, 2026
Price: $99,000Investment Analyzer NEW!

Property Description

Attention Buy-and-Hold Investors-Your Next Project Starts Here! Some properties are looking for a fresh coat of paint, this one is looking for a fresh start. Welcome to 9737 S Prairie Ave, a classic brick 2-flat offering the kind of opportunity that experienced investors are always searching for. Each unit features 2 bedrooms and 1 full bath, providing a functional layout ready to be completely reimagined through a full renovation. The property requires a complete gut renovation and is being sold as-is, making it an ideal opportunity for buyers seeking a project from the ground up. Whether your long-term strategy includes retaining the property after improvements or adding another multi-unit asset to your portfolio, this building offers the flexibility to execute your vision. Outside, a detached 2.5-car garage and the slightly oversized lot provide added functionality and possibilities for future outdoor improvements. Location strengthens the opportunity. Just three blocks from Chicago State University, the property enjoys convenient access to CTA bus routes, the Metra Electric District, neighborhood shopping, restaurants, and everyday services. Nearby Abbott Park offers green space and recreation, while the historic Pullman National Historical Park is just minutes away, bringing additional character and interest to the surrounding area. Opportunities to acquire brick multi-unit properties with this much redevelopment potential don't come along every day. If you've been waiting for your next long-term investment project, this may be the one worth exploring. Bring your contractor, your renovation plans, and your long-term vision-because the next successful chapter of this property is ready to be written.

Key Property Information

Listing Status: Pending Sale
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $99,000
Year Built: 1913
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 2
Address: 9737 S Prairie Avenue, Chicago, IL 60628, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

418 2nd Avenue

Canistota, South Dakota
Chicago & Midwest + Apartment Buildings
Units: 1
Price: $300,000

N Kentucky Avenue

Evansville, Indiana
Chicago & Midwest + Apartment Buildings
Units: 66
Price: $3,647,000

2206 Arthur Street NE

Minneapolis, Minnesota
Chicago & Midwest + Apartment Buildings
Price: $464,000

Brokers

View All

Lenders

View All