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Three-Unit Residential Building

514 W 81st Street, Chicago, IL 60620

For Sale
$695,000

Each residence includes a private deck, in-unit laundry, and a two-bath layout.

Property SizeContact for details
Days on Market220

Property Features for 514 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

Building Details

Year Built 2026
Buildings 1
Listing Agency: Village Realty, Inc.
Listed By: Lydel Blade
Source: Premier-relocation
Added: Apr 2 Changed: Nov 5 Last Checked: Nov 6 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 Village Realty, Inc.

Rey
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Investment Insights

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Built in 2026, this three-unit residential property has three-bedroom, two-bathroom homes with open-plan interiors and private outdoor decks. Interior features include quartz kitchen counters, soft-close cabinets, stainless steel appliances, induction cooking, recessed lighting, ceiling fans, and wood-look luxury vinyl flooring. Each unit also has a washer and dryer and video intercom access.

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. Three assigned parking spaces serve the property at 514 W 81st Street in Chicago. The listing is restricted to owner-occupant buyers, who participate in landlord and real estate ownership training classes.

Key Highlights

  • Three units, each with 3 bedrooms and 2 full bathrooms
  • Built in 2026
  • Three assigned parking spaces

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
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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 - Each residence includes a private deck, in-unit laundry, and a two-bath layout.
Where is this triplex located?
The property is located at 514 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 units, each with 3 bedrooms and 2 full bathrooms; Built in 2026; Three assigned parking spaces
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