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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 Market428

Property Features for 523 N Lawndale Avenue

General Information

Standard status Pending
Total Parking Spaces 3
Property subtype Multifamily

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: Aug 8 Last Checked: Jul 24 at 5:31PM

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

Investment Insights

Based on property information with market context.

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

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Carpet & Flooring Store Locksmith Home Appliance Store

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
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

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 - 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
More about this property
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