1424 Avers Avenue, North Lawndale, Chicago, Illinois 60623
$640,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 12 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $7,461 |
| Days On Market: | 78 |
| Lot Size: | 0,00 |
Description
Fully renovated 4-unit brick building in North Lawndale offering strong in-place rental income. The property consists of three units with 3 bedrooms and 2 full bathrooms, plus a legal garden unit with 3 bedrooms and 1 bathroom. Each unit features separate forced air heating and central air conditioning, providing efficiency and tenant convenience. The building includes four furnaces and four A/C systems. Interiors have been updated, offering modern layouts and finishes. Rear porch presents an opportunity for future improvement. Additional features include a common laundry area (equipment not included), vinyl windows, and a well-maintained structure with ongoing roof maintenance. Units are occupied, with several operating on month-to-month arrangements, providing flexibility for future management. Solid investment opportunity with updated units, strong unit mix, and immediate income potential. Property sold As-Is.
Property Specifics
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| 12610398 | |
| 16231160270000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 20 Oct, 2023 | Sold | $350,000 | MRED MLS |
| 15 Sep, 2023 | Under contract | $365,000 | MRED MLS |
| 9 Sep, 2023 | Listed for sale | $365,000 | MRED MLS |
| 12 May, 2026 | Sold | $640,000 | MRED MLS |
| 13 Apr, 2026 | Under contract | $639,999 | MRED MLS |
| 5 Apr, 2026 | Listed for sale | $639,999 | MRED MLS |
Room Specifics
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
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Full Bathrooms: 7
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 25X125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $3,228 |
| 2026 | $7,461 |
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Listing Provided By
Realty of America, LLC
