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New Construction Three-Unit Building
For Sale
$750,000

1309 S Avers Avenue, Chicago, IL 60623

MULTI_FAMILY - Chicago, IL

Days on Market158

Property Features for 1309 S Avers Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 9, Bathroom 5, Bedroom 1, Bedroom 8, Bedroom 7, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 2
Parking 3
Exterior features Balcony
Fencing Fenced
Elementary school district 299
Middle school district 299
High school district 299
Directions Independance to Douglas/14th. West to Avers, north to property
Subdivision CHI - North Lawndale
Standard status Active
APN 16231100040000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 914

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 2026
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Michael Saladino · License #471019865
Added: Feb 25 Changed: Jul 30 Last Checked: Aug 2 at 11:06AM
MLS# 12574438

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 is an exceptional opportunity to build a brand-new three-unit building. The Lumen by Mosaic Chicago offers three thoughtfully designed 3-bedroom, 2-bath residences. Each residence features open-concept living, durable wood-look plank flooring, shaker-style cabinetry, solid white quartz countertops, stainless steel appliances, tile backsplash, and porcelain tile bathrooms. Energy-efficient HVAC systems, smart thermostat capability, and quality-controlled construction provide long-term operational efficiency. This property is ideal for owner-occupants looking to offset their mortgage or investors seeking strong rental potential in an emerging corridor. Modern facade options, private outdoor spaces, and contemporary finishes are available throughout. The property is new construction with strong income potential. It is located in Chicago, Illinois.

Key Highlights

  • Under construction 3‑unit building, scheduled YearBuilt 2026
  • Three residences with 3 bedrooms and 2 bathrooms each
  • Energy‑efficient HVAC systems with smart thermostat capability

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Carpet & Flooring Store (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

2,191
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Triplex - New construction three-unit building with modern finishes and income potential.
Where is this triplex located?
The property is located at 1309 S Avers Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Under construction 3‑unit building, scheduled YearBuilt 2026; Three residences with 3 bedrooms and 2 bathrooms each; Energy‑efficient HVAC systems with smart thermostat capability
More about this property
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