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New Construction Three-Unit Property

4841 S Prairie Avenue, Chicago, IL 60615

For Sale
New
$1,099,000

Residential Income, Chicago, IL

Property SizeContact for details
Days on Market2

Property Features for 4841 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 6, Bathroom 2, Bedroom 1, Bedroom 7, Bedroom 4, Bathroom 5, Bedroom 8, Bedroom 9, Bathroom 3, Bedroom 6, Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bedroom 3
Parking 3
Parking features Garage, Open
Patio and Porch features Deck
Subdivision Bronzeville
Lot features Common Grounds
Elementary school Burke Elementary School
High school Phillips Academy High School
Elementary school district 299
Middle school district 299
High school district 299
Directions Indiana or Michigan to 49th St, east to Prairie, north to property
Standard status Active
APN 20101100140000

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Building Details

Year built 2026
Building materials Brick, Concrete
Architectural style Contemporary
Buildings 1
Listing Agency: North Clybourn Group, Inc.
Listed By: Karen Biazar · License IL #471003309
Added: Nov 12 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 12807403

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.

Rey
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Investment Insights

Based on property information with market context.

This contemporary triplex is described as three units, each with three bedrooms and two bathrooms. The 2026 construction includes brick and concrete materials, engineered wide-plank flooring, custom millwork, and fireplaces. Kitchens are appointed with integrated appliances, quartz islands, and full-height backsplashes; the units also have mudrooms and organized closets. Primary bathrooms include oversized showers with frameless glass. A three-car garage and deck are part of the property, which has natural gas heating and public sewer service.

The property is zoned MULTI and sits on a lot described as 152 feet deep. The listing also cites a 7.5 cap rate. Construction is listed as under way, while the remarks describe the property as available for immediate delivery; no delivery timing is stated here.

Key Highlights

  • Three units, each with 3 bedrooms and 2 bathrooms
  • Three‑car garage and deck
  • 152‑foot‑deep lot

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,339
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Triplexes in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units feature private primary suites, contemporary finishes, and garage parking.
Where is this triplex located?
The property is located at 4841 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Three units, each with 3 bedrooms and 2 bathrooms; Three‑car garage and deck; 152‑foot‑deep lot
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Includes: Price & PSF · Cap rate · Location · Zoning

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