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Triplex Condo-Quality Units
New
For Sale
$975,000

5637 S Prairie Avenue, Chicago, IL 60637

Brand new three-unit triplex with condo-quality finishes, in-unit laundry, and sound insulation between floors.

Days on Market7

Property Features for 5637 S Prairie Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Building Details

Year Built 2026
Tenancy Multi
Listing Agency: Fulton Grace Realty
Listed By: Lawrence Dunning · License #475164126
Source: Dawnmckennagroup
Added: Jul 27 Changed: Jul 30 Last Checked: Aug 1 at 10:58AM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

Brand new construction triplex featuring three condo-quality simplex units. Each unit is an oversized three-bedroom, two-bath layout with a 1,500 SF open floorplan. Kitchens include high-end stainless steel appliances and quartz counters, and every unit has in-unit laundry. Extra insulation is built in for noise reduction between floors and from the outside.

Located at 5637 S Prairie Avenue in Chicago, IL 60637, the property is within walking distance to the CTA Green Line station and about two blocks from Washington Park.

The building was developed in 2026 and is ready for immediate occupancy, with a one-year builder warranty.

Key Highlights

  • Three‑unit triplex with oversized three‑bedroom, two‑bath simplex units
  • 1,500 SF open floorplan in each unit
  • High‑end stainless steel appliances and quartz counters

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Plumbing Service Computer & Electronic Repair

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
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 - Brand new three-unit triplex with condo-quality finishes, in-unit laundry, and sound insulation between floors.
Where is this triplex located?
The property is located at 5637 S Prairie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three‑unit triplex with oversized three‑bedroom, two‑bath simplex units; 1,500 SF open floorplan in each unit; High‑end stainless steel appliances and quartz counters
More about this property
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