First market-priced modular home available on Chicago’s South Side

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7205 South Ridgeland Ave (Jameson Sotheby’s International Realty)

Factory-built modular homes are coming to Chicago.

Developer Summer Qwest Holdings has completed a modular home in South Shore with plans to build at least two more, Crain reported.

“It’s faster to build [than conventional construction] and easily reproducible,” said Marcus Dailey of Summer Qwest. “It’s an innovative way to bring new construction that people can afford into the community.

Modular homes are built in pieces in a factory and assembled on site, essentially cutting construction time in half. In addition to the shortened construction time, pre-cut and standardized materials are cheaper for builders, meaning homes can be offered to buyers at a lower price.

The first modular home completed for Summer Qwest is a 1,620 square foot three-bedroom home located at 7205 South Ridgeland Avenue. The home is currently listed at $449,900 by Jameson Sotheby’s International Realty.

Dailey plans to build two more modular homes on the remaining vacant lots at the corner of Ridgeland Avenue and 72nd Street, adjacent to the completed home. The land has been vacant for nearly 20 years, according to public records.

While modular construction is often associated with cheaper homes, it is also becoming more popular with luxury real estate developers. A seven-bedroom modular home with a swimming pool and pool house in Bridgehampton, New York, sold for $4.7 million in 2020.

Dailey is the first developer to use designs from Archer Heights-based Kinexx Modular Construction for mark-to-market homes. Kinexx’s designs have already been used for affordable housing projects, including the Resurrection project at Back of the Yards, where homes are listed for $200,000. Kinexx is also working with Structured Development to build modular homes in East Garfield Park as part of two developers’ affordable housing needs.

Overall, Kinexx has delivered seven modular homes for affordable housing projects in the Chicago area. The East Garfield Park project, where four of the units are located, will deliver two more this week and has a total order of 28 homes.

[CCB] —Victoria Pruitt

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