1548 S Sawyer Ave, Chicago, IL 60623
New construction three-unit property with modern finishes, delivery July 2026.
- Added:
- Mar 24, 2026
- Days on Market:
- 105
- Last Refresh:
- Mar 25 at 8:49 am
Property Features for 1548 S Sawyer Ave
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing office Fulton Grace
Listing date Mar 24, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Fulton Grace
HighLights
- Newly built (2026) three‑unit property with modern finishes.
- Spacious units each featuring 3 bedrooms and 2 full baths.
- Open‑concept layouts with abundant natural light.
- In‑unit laundry and stainless steel appliances in every kitchen.
- Off‑street parking provided by a rear parking pad.
- Located near public transit, parks, and local amenities in a rapidly appreciating area.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.5k | $25.20 |
| − Vacancy | −$5.2k | −$1.39 |
| EGI | $89.3k | $23.81 |
| − OpEx | −$26.8k | −$7.14 |
| NOI | $62.5k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7070447
- Latitude
- 41.8594816
