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1548 Sawyer ave - New Construction 3 unit in Douglas Park 3 Unit Apartment Building Offered at $765,000 at a 8.10% Cap Rate Chicago, IL 60623
Executive Summary
July 2026 Delivery. Owner Occupants ONLY. Newly built three-unit property featuring modern finishes and thoughtful design throughout. Each spacious unit offers 3 bedrooms and 2 full baths. Step inside to find open-concept layouts with abundant natural light, in-unit laundry, and stainless steel appliances in every kitchen. A rear parking pad provides off-street parking for residents. Located near public transit, parks, and local amenities, this is a rapidly appreciating area, with lots of upside for investors.
Property Facts
| Price | $765,000 | Building Size | 3,750 SF |
| Price Per Unit | $255,000 | Average Occupancy | 0% |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 8.10% | Year Built | 2026 |
| No. Units | 3 | Parking Ratio | 0.8/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price | $765,000 |
| Price Per Unit | $255,000 |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,750 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 0.8/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | $2,500 | 1,250 - 12,250 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
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1548 Sawyer ave - New Construction 3 unit in Douglas Park
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