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New Construction Three-Unit Triplex
New
For Sale
$950,000

5008 S Prairie Avenue, Chicago, IL 60615

Three residences feature upgraded finishes, private outdoor space, exterior parking, and full appliance packages.

Property SizeContact for details
Days on Market6

Property Features for 5008 S Prairie Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi-Family

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Amenities

outdoor space
fully fenced
window treatments
custom closet organizers
Natural Gas

Building Details

Year Built 2025
Buildings 1
Listing Agency: Baird & Warner
Listed By: Kassandra Vitogiannis · License #475171101
Source: Kw
Added: Sep 22 Changed: Sep 27 Last Checked: Sep 26 at 1:44PM

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 Baird & Warner

Investment Insights

Based on property information with market context.

Completed in 2025, this three-unit residential building offers a consistent layout across all residences. Each unit includes 3 bedrooms and 2 full bathrooms, along with custom white and wood cabinetry, quartz countertops and backsplash, stainless steel appliances, and gold GlideRite hardware. Window treatments and custom closet organizers are installed throughout, while natural gas service supports the property. Each residence also has outdoor space, and the building is fully fenced.

The property includes 3 exterior parking spaces and is located at 5008 S Prairie Avenue in Chicago’s Bronzeville neighborhood. The configuration provides three similarly appointed residences within one newly constructed multifamily building.

Key Highlights

  • 2025 construction with 3 residential units
  • Each unit offers 3 bedrooms and 2 full bathrooms
  • Custom cabinetry, quartz countertops and backsplash, and stainless steel appliances

Property Analytics

Current Use

Triplexes

Suggested Use

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

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

1,319
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residences feature upgraded finishes, private outdoor space, exterior parking, and full appliance packages.
Where is this triplex located?
The property is located at 5008 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2025 construction with 3 residential units; Each unit offers 3 bedrooms and 2 full bathrooms; Custom cabinetry, quartz countertops and backsplash, and stainless steel appliances
More about this property
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