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3-Unit Triplex with Garage
New
For Sale
$1,200,000

4623 S Prairie Avenue, Chicago, IL 60653

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 4623 S Prairie Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning MULTI
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 9, Bathroom 2, Bathroom 6, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 5, Bathroom 5
Parking 2
Parking features Garage, Open
Patio and Porch features Deck
Fencing Fenced
Appliances Humidifier
Elementary school district 299
Middle school district 299
High school district 299
Directions 47th Street east to Prairie, north to property.
Subdivision CHI - Grand Boulevard
Standard status Active
APN 20033220070000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1092

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

surround-sound system
intercom system

Building Details

Year built 2026
Building materials Brick
Roof type Flat
Listing Agency: Village Realty, Inc.
Listed By: Claudia Dochee · License #475183740
Added: Sep 26 Last Checked: Sep 27 at 1:06PM
MLS# 12770130

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick triplex is under construction, with completion identified for 2026. Each of its three residences is planned with a custom kitchen featuring 42-inch shaker-style cabinets, quartz counters, wine racks, and stainless-steel appliances. Flooring varies by unit: the first includes luxury vinyl plank and carpet, while the second and third have hardwood and carpet. Shared features include surround sound and an intercom system. The property also has a rear two-car garage, a deck, fenced areas, and electrical infrastructure that can support installation of an EV charging station.

The property is near restaurants, CTA public transportation, and Lake Shore Drive. Zoning is designated MULTI.

Key Highlights

  • Three‑unit brick triplex; construction year listed as 2026
  • Each residence includes a custom kitchen with 42‑inch shaker‑style cabinetry, quartz countertops, wine racks, and stainless‑steel appliances
  • First‑floor unit has luxury vinyl plank and carpet; Units 2 and 3 have hardwood and carpet

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Carpet & Flooring Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Building Supply Florist

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,324
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
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 - Each residence has a custom kitchen, while the property includes electrical infrastructure for potential EV charging.
Where is this triplex located?
The property is located at 4623 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three‑unit brick triplex; construction year listed as 2026; Each residence includes a custom kitchen with 42‑inch shaker‑style cabinetry, quartz countertops, wine racks, and stainless‑steel appliances; First‑floor unit has luxury vinyl plank and carpet; Units 2 and 3 have hardwood and carpet
More about this property
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