1856 Avers Avenue, North Lawndale, Chicago, Illinois 60623
$800,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1916 |
| Property Taxes: | $2,329 |
| Days On Market: | 30 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1916 | |
| 2022 | |
| Partially Finished, Full | |
| Brick | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| — | |
| Natural Gas, Forced Air | |
| 12774264 | |
| 16233100390000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Oct, 2026 | Listed for sale | $800,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Full Bathrooms: 6
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| — | |
| — | |
| — | |
| 30 X 129.39 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $2,329 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
Chicago Real Estate Resources
