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Brand New Three-Unit Triplex
For Sale
$979,000

1331 S Fairfield Avenue, Chicago, IL 60608

Newly delivered three-unit triplex with three-bedroom, two-bath layouts featuring modern finishes and in-unit laundry.

Property SizeContact for details
Days on Market75

Property Features for 1331 S Fairfield Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $913

Amenities

quartz counters
stainless steel appliances
in unit laundry
wood floors

Building Details

Year Built 2026
Listing Agency: Fulton Grace Realty
Listed By: Lawrence Dunning · License #475164126
Source: Dawnmckennagroup
Added: Jun 11 Changed: Aug 23 Last Checked: Aug 14 at 6:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fulton Grace Realty

Investment Insights

Based on property information with market context.

New construction three-unit triplex delivered in September, with each unit configured as a 3-bedroom, 2-bath home. Interiors include quartz counters, stainless steel appliances, in-unit laundry, and wood floors throughout.

The property is offered for sale as a residential income asset with a projected total rent of $8,000 per month.

All units share the same layout and amenity package, which supports straightforward operations and consistent finishes across the three units.

Key Highlights

  • Brand new 3‑unit triplex with September delivery (Year built: 2026).
  • Each unit is 3 bed / 2 bath with quartz counters and wood floors.
  • Units include stainless steel appliances.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Tanning Salon

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

1,571
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
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 - Newly delivered three-unit triplex with three-bedroom, two-bath layouts featuring modern finishes and in-unit laundry.
Where is this triplex located?
The property is located at 1331 S Fairfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: Brand new 3‑unit triplex with September delivery (Year built: 2026).; Each unit is 3 bed / 2 bath with quartz counters and wood floors.; Units include stainless steel appliances.
More about this property
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