1856 S Avers AVE, Chicago, IL 60623
1856 S Avers AVE, Chicago, IL 60623
1856 S Avers AVE, Chicago, IL 60623
1856 S Avers AVE, Chicago, IL 60623
1856 S Avers AVE, Chicago, IL 60623
1856 S Avers AVE, Chicago, IL 60623
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 800,000
Est. payment | /mo

8 Beds

6 Baths


Save
$ 800,000
Est. payment | /mo
Save

8 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12774264

Bedrooms 8

Year Built 1916

Annual Tax Amount $2,329

Tax Year 2023

Lot Dimensions 30 X 129.39

Property Sub-Type Two to Four Units

Property Description

Completely gut-rehabbed brick 3-flat featuring an oversized unit mix rarely found in today's market. Renovated in 2022, this turn-key investment consists of two spacious 3 bed/2 bath units and one 2 bed/2 bath unit, all featuring updated kitchens, stainless steel appliances, modern finishes, individual HVAC systems, and strong tenant appeal. The property generates approximately $82,200 in annual gross income with additional upside through rent growth and the potential to convert the lower level into a garden unit. Additional amenities include common laundry, three parking spaces, and low-maintenance mechanical systems. An ideal opportunity for investors seeking immediate cash flow, minimal capital expenditures, and long-term appreciation potential in the growing Lawndale market.

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Ian Luscombe of  Chicago Real Estate Resources 

Nearby Locations

GET MORE INFORMATION

Volodymyr Poshpur
Volodymyr Poshpur

Broker License ID: 475.207267

+1(312) 772-5858

1700 W Higgins Rd, Plaines, IL, 60018

Name
Phone*
Message

Go tour this home

1856 S Avers AVE