Search
New-Construction Triplex

506 W 81st Street, Chicago, IL 60620

For Sale
$695,000

Each residence has a private deck, in-unit laundry, and a contemporary kitchen with stainless steel appliances.

Property SizeContact for details
Days on Market224

Property Features for 506 W 81st Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Auburn Gresham

Units

Unit Mix 3 x 3BR/2BA
Multifamily Units 3

Amenities

private outdoor deck
in-unit washer and dryer
video intercom system
recessed lighting
ceiling fans
central air
stainless steel appliances

Building Details

Year Built 2026
Buildings 1
Construction contemporary
Listing Agency: Village Realty, Inc.
Listed By: Lydel Blade
Source: Premier-relocation
Added: Apr 1 Changed: Nov 8 Last Checked: Nov 10 at 4:13PM

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 Village Realty, Inc.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Completed in 2026, this three-unit residential property offers three-bedroom, two-bathroom homes with open layouts. Each residence includes a private deck, in-unit washer and dryer, recessed lighting, video intercom, and wood-grain luxury vinyl flooring. Kitchens are equipped with stainless steel appliances, induction ranges with built-in air fryers, soft-close cabinets, and quartz counters. Three assigned parking spaces serve the property.

Building systems include high-efficiency HVAC with central air, energy-efficient water heaters, double-pane windows, foam insulation in exterior walls and ceilings, and low-flow plumbing fixtures. Sales are limited to owner-occupant buyers, who are required to participate in landlord and real estate ownership training classes.

Key Highlights

  • Three residential units, each with 3 bedrooms and 2 full bathrooms
  • Built in 2026
  • Private outdoor deck and in‑unit washer and dryer in each residence

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

Demographics for 60620, IL

66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Each residence has a private deck, in-unit laundry, and a contemporary kitchen with stainless steel appliances.
Where is this triplex located?
The property is located at 506 W 81st Street Chicago, IL.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Three residential units, each with 3 bedrooms and 2 full bathrooms; Built in 2026; Private outdoor deck and in‑unit washer and dryer in each residence
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
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
Why this one?
Saved