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New Construction Triplex with Garage
For Sale
$1,099,000

4841 S Prairie Avenue, Chicago, IL 60615

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market14

Property Features for 4841 S Prairie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning MULTI
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 9, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 2, Bathroom 6, Bedroom 7, Bathroom 1, Bedroom 8, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 5
Parking 3
Parking features Open, Garage
Patio and Porch features Deck
Subdivision Bronzeville
Lot features Common Grounds
Elementary school Burke Elementary School
High school Phillips Academy High School
Elementary school district 299
Middle school district 299
High school district 299
Directions Indiana or Michigan to 49th St, east to Prairie, north to property
Standard status Active
APN 20101100140000

Taxes and HOA fees

Tax Year 2024

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

fireplace

Building Details

Year built 2026
Building materials Brick, Concrete
Architectural style Contemporary
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License #471003309
Added: Aug 11 Changed: Aug 20 Last Checked: Aug 24 at 5:06AM
MLS# 12730632

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This contemporary triplex is under construction with three residential flats, each offering three bedrooms and two bathrooms. The design includes professional kitchen cabinetry, integrated appliances, quartz islands with full backsplashes, fireplaces with custom millwork, mud rooms, wide-plank engineered flooring, and organized closets. Primary suites include oversized showers with frameless glass, custom mirrors, and designer plumbing fixtures. Brick and concrete construction, natural-gas heating, public sewer service, decks, open parking, and a three-car garage are also included.

The property occupies an oversized lot measuring 152 feet deep at 4841 S Prairie Avenue in Chicago. Zoned MULTI, the building is planned for completion in 2026 and includes a one-year warranty. The home is being offered in an under-construction condition with a contemporary architectural style.

Key Highlights

  • Three‑flat configuration with 3 bedrooms and 2 bathrooms in each unit
  • Oversized 152 deep lot at 4841 S Prairie Avenue, Chicago, IL 60615
  • 3 car garage plus open parking

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Carpet & Flooring Store Plumbing Service Building Supply (Bike/Boat/Book/etc) Store

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,339
Businesses Nearby

Demographics for 60615, IL

43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - Contemporary three-flat design offers finished kitchens, private primary suites, and garage parking.
Where is this triplex located?
The property is located at 4841 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Three‑flat configuration with 3 bedrooms and 2 bathrooms in each unit; Oversized 152 deep lot at 4841 S Prairie Avenue, Chicago, IL 60615; 3 car garage plus open parking
More about this property
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