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New Construction 3 unit in Douglas Park 1548 Sawyer ave 3 Unit Apartment Building $1,063,794 CAD ($354,598 CAD/Unit) 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 | $1,063,794 CAD | Building Class | C |
| Price Per Unit | $354,598 CAD | Building Size | 3,750 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| Cap Rate | 8.10% | No. Stories | 3 |
| No. Units | 3 | Year Built | 2026 |
| Property Type | Multifamily | Parking Ratio | 0.8/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $1,063,794 CAD |
| Price Per Unit | $354,598 CAD |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| 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 | $3,476 CAD | 1,250 - 12,250 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 16-23-228-040-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $6,237 CAD | Total Assessment | $6,237 CAD |
Property Taxes
Parcel Number
16-23-228-040-0000
Land Assessment
$6,237 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,237 CAD
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New Construction 3 unit in Douglas Park | 1548 Sawyer ave
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