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New-Construction Triplex with Balconies
For Sale
$750,000

1309 S Avers Avenue, Chicago, IL 60623

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market182

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 Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bathroom 1, Bathroom 5, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 6, Bedroom 9, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 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

Amenities

private outdoor spaces

Building Details

Year built 2026
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Michael Saladino · License #471019865
Added: Feb 25 Changed: Aug 20 Last Checked: Aug 26 at 5:06AM
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 triplex is under construction for delivery in 2026 and is designed with three separate 3-bedroom, 2-bath residences. Planned interiors include open living areas, wood-look plank flooring, shaker cabinetry, solid white quartz counters, stainless steel appliances, tile backsplashes, and porcelain-tile bathrooms. Each residence is also planned with contemporary finishes and private outdoor space, including balconies.

Building systems include energy-efficient HVAC with smart thermostat capability. The property is served by natural gas and public sewer, with fencing also identified among the site features. The configuration provides a purpose-built three-unit residential income asset at 1309 S Avers Avenue in Chicago.

Key Highlights

  • Three 3‑bedroom, 2‑bath residences planned within the triplex
  • Under construction with a 2026 year built
  • Balconies and private outdoor spaces

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

965
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three planned residences offer contemporary finishes, energy-efficient HVAC, and private outdoor space.
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: Three 3‑bedroom, 2‑bath residences planned within the triplex; Under construction with a 2026 year built; Balconies and private outdoor spaces
More about this property
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