506 West 81, Chicago IL 60620
- Units 3
- Total Beds 9
- Total Baths 6
- Taxes NEW
- Payment Estimate View Mortgage Calculator
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Property Description
Contemporary New Construction 3-Unit Building in Auburn Gresham - Owner-Occupant Buyers Only New construction 3-unit residential building offering three spacious units, each featuring 3 bedrooms and 2 full bathrooms with open-concept layouts. Designed for modern living, each unit includes private outdoor deck space and high-quality finishes throughout. Kitchens feature stainless steel appliances, induction stove with built-in air fryer, soft-close cabinetry, and premium quartz countertops. Units also include in-unit washer and dryer, video intercom system, recessed lighting throughout, and ceiling fans where appropriate. Built with a high-performance building envelope, the property includes high-efficiency HVAC systems, central air, energy-efficient water heaters, double-pane windows, foam insulation in exterior walls and ceilings, and low-flow plumbing fixtures-enhancing comfort while reducing long-term operating costs. Additional features include premium wood grain luxury vinyl flooring throughout and three assigned parking spaces. Developer is offering $15,000 closing cost assistance. Owner-occupant buyers only. Buyers will participate in landlord and real estate training classes designed to support successful ownership and long-term investment performance.
Features & Information
Key Details
- List Price $695,000
- Property Taxes NEW
- Price/ Sq. Ft. Unavailable
- Year Built 2026
- Parking Type Space/s
- Status New
Rooms
- Total Rooms 21
- Basement N
Exterior Features
-
Parking
- Parking Details Space/s
- # of Cars: 3
Building Information
- Number of Units 3
- Age of Building NEW Proposed Construction
- Exterior Construction Frame,Other
- Foundation Concrete
- Heating & Cooling Electric
-
Units
- Unit 1 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Laundry Hook-Up
- Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Laundry Hook-Up
- Unit 3 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Laundry Hook-Up
Location
- County Cook
- Township South Chicago
- Corporate Limits Chicago
- Directions to Property Take Vincennes Ave South To 81st, Turn Right Onto W 81st Street
-
Schools
- Elementary School District 30
- School Name Wescott Elementary School
- Junior High District 299
- School Name Mcdade Elementary School
- High School District: 299
- School Name Simeon Career Academy Hig
-
Property Taxes
- Tax NEW
- Tax Year 2024
- Tax Exemptions Other
- Parcel Identification Number 20331120390000
Utilities
- Sewer Sewer-Publ
Listed by: Village Realty, Inc. | Phone: 708.478.1212
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 4/2/2026 3:32 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Chatham
A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.
Mortgage Calculator
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