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New Construction 3-Flat Residence
For Sale
Contact for pricing
Pending

523 N Lawndale Avenue, Chicago, IL 60624

Newly built 3-flat with in-unit washer/dryer and three-bedroom layouts in each unit.

Property SizeContact for details
Days on Market475

Property Features for 523 N Lawndale Avenue

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

Site & Location

Neighborhood East Garfield Park

Additional Details

Multifamily Units 3

Amenities

in-unit washer/dryer

Building Details

Year Built 2025
Tenancy Multi
Listing Agency: dwell
Listed By: Luis Saldana · License #471.019218
Source: Crexi
Added: Jul 9, 2025 Changed: Oct 25 Last Checked: Oct 24 at 5:08PM

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 dwell

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Investment Insights

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New construction 3-flat configured for comfortable living and rental use, with each unit featuring three bedrooms and two modern bathrooms, including a master suite with an en-suite bath. Interiors include stainless steel appliances, quartz countertops, custom slow-close two-tone cabinetry, and luxury flooring designed for durability and long-term appeal. Each unit also includes an in-unit washer/dryer for day-to-day convenience.

The property is located in West Humboldt Park, with access to shopping and transportation nearby, and is described as approximately 10 minutes from Downtown Chicago.

Offered as a turnkey building, it is positioned for owner occupancy or investment, with a layout intended to support efficient day-to-day operations and minimal maintenance.

Key Highlights

  • Newly built 3‑flat, Year Built 2025
  • Each unit features 3 bedrooms and 2 modern bathrooms, including a master suite with an en‑suite bath
  • Kitchens include stainless steel appliances, quartz countertops, and custom slow‑close two‑tone cabinetry

Property Analytics

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Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
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Market

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 - Newly built 3-flat with in-unit washer/dryer and three-bedroom layouts in each unit.
Where is this triplex located?
The property is located at 523 N Lawndale Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Newly built 3‑flat, Year Built 2025; Each unit features 3 bedrooms and 2 modern bathrooms, including a master suite with an en‑suite bath; Kitchens include stainless steel appliances, quartz countertops, and custom slow‑close two‑tone cabinetry
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