Search
New-Construction Triplex
For Sale
Contact for pricing

437 E 48th Street, Chicago, IL 60615

Three residences share a custom-designed brick building with open kitchens, quartz counters, and high-end Samsung Bespoke appliances.

Property SizeContact for details
Days on Market95

Property Features for 437 E 48th Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily
Zoning MULTI

Property Condition

Severity Repairs Needed
Evidence need to do drywall and finishes

Units

Unit Mix 2 x 3BR/2BA, 1 x 4BR/3BA
Multifamily Units 3

Building Details

Year Built 2024
Buildings 1
Construction brick
Listing Agency: Exit Strategy Realty / EMA Management
Listed By: Ursula Shine · License #471022302
Source: Crexi
Added: May 31 Changed: Sep 1 Last Checked: Sep 1 at 9:44AM

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 Exit Strategy Realty / EMA Management

Investment Insights

Based on property information with market context.

Completed in 2024, this custom-designed brick triplex includes three residential units with open-concept living and kitchen areas. Floor-to-ceiling living room windows bring abundant daylight to each residence, while hardwood flooring, quartz countertops, spacious islands, and Samsung Bespoke appliances define the interiors. Primary suites include large closets and en-suite baths with double sinks, separate showers, deep soaking tubs, and custom tile.

The first-floor residence extends into the lower level and contains four bedrooms and three bathrooms, with a family room and an additional bath below. The second- and third-floor residences each offer three bedrooms and two bathrooms. The lower level also includes shared storage rooms and a common area. Three parking spaces are provided on the property. The building is zoned MULTI and is located in Bronzeville near the University of Chicago LAB School, the University, Ancona School, Burke, and Dyett.

Key Highlights

  • Three‑unit brick residential building completed in 2024
  • First‑floor duplex residence offers 4 bedrooms and 3 bathrooms
  • Second- and third‑floor units each include 3 bedrooms and 2 bathrooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Acupuncture

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

1,646
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three residences share a custom-designed brick building with open kitchens, quartz counters, and high-end Samsung Bespoke appliances.
Where is this triplex located?
The property is located at 437 E 48th Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three‑unit brick residential building completed in 2024; First‑floor duplex residence offers 4 bedrooms and 3 bathrooms; Second- and third‑floor units each include 3 bedrooms and 2 bathrooms
(708) 655-4751 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message