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Rehabbed Triplex with Rear Parking
New
For Sale
$699,000

1544 S Sawyer Avenue, Chicago, IL 60623

Three-unit property with updated interiors, central air and heat, basement laundry, and a vacant ground-floor residence.

Property SizeContact for details
Days on Market7

Property Features for 1544 S Sawyer Avenue

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 3

Amenities

Stainless steel appliances
Washer/Dryer
Central Air/Heat
Parking
Radiator(s)

Building Details

Year Built 1895
Listing Agency: Fulton Grace Realty
Listed By: Lawrence Dunning · License #MRD878540
Source: Kw
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 21 at 12:52PM

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.

This three-unit residential property, built in 1895, has been renovated to the studs and features high-end interior finishes throughout. Each residence includes stainless steel appliances, high-end bathrooms, central air and heat, well-sized bedrooms, and combined living and dining areas. Washer and dryer facilities are located in the basement, while radiator(s) are also present. Rear parking serves the property, and the ground-floor unit is currently vacant, providing an owner-occupant option. The property is located near downtown.

Key Highlights

  • Three‑unit property renovated to the studs
  • High‑end finishes, bathrooms, and stainless steel appliances in each unit
  • Central air and heat throughout the units

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Tech Support Center (Bike/Boat/Book/etc) Store Hotel & Motel

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

1,152
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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-unit property with updated interiors, central air and heat, basement laundry, and a vacant ground-floor residence.
Where is this triplex located?
The property is located at 1544 S Sawyer Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three‑unit property renovated to the studs; High‑end finishes, bathrooms, and stainless steel appliances in each unit; Central air and heat throughout the units
More about this property
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