Corcoran Urban Real Estate
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29 Properties Within 0.5 miles of: 506 W 81, Chicago

506 W 81
Chicago, IL 60620

  • 9 Beds
  • Built In 2026
Price

$695,000

Est Payment
$4,629 / month (details)  
Beds
9  
Rooms
21  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
24 X 125  
Built
2026  
Neighborhood
Gresham  
MLS
#12607088
Status
Active (1 day)

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.

Property Map

Property Details

Utilities

  • Heating Electric
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Parking
3 Parking Spaces, Assigned, Garage Faces Side, Yes, Parking included in price
Schools
Simeon Career Academy High Schoo (299), Mcdade Elementary School Classic (299), Wescott Elementary School (30)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-01-2026 Listed at $695,000
Last Modified 4/1/26 12:35 PM

Nearby Transportation

  • Bus 24 0.1 mi
  • Bus 79 0.2 mi
  • Bus 8A 0.2 mi
  • Bus 8 0.4 mi
  • Bus 169 0.4 mi
  • Bus 29 0.6 mi
  • Bus 75 0.7 mi
  • Bus 87 0.8 mi
  • Bus 44 0.8 mi
  • Bus 3 1.1 mi
  • Rock Island 0.9 mi
  • Red Line 0.7 mi
  • I 94 East 0.6 mi
  • I 94 West 0.7 mi
  • I 90 East 1.9 mi
  • Hwy 57 2.2 mi
  • Hwy 57 2.3 mi
  • I 90 West 2.3 mi
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