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1856 S Avers Avenue, Chicago, IL 60623

Chicago
Local realty services provided by:CENTURY 21 All Pro Real Estate
1856 S Avers Avenue,Chicago, IL 60623
$800,000
  • 8 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ian luscombe
Office: chicago real estate resources
MLS#:12774264
Source:MLSNI

Price summary

  • Price:$800,000

About this home

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.

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Home facts

  • Year built:1916
  • Listing ID #:12774264
  • Updated:October 25, 2026 at 11:28 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:18
  • Basement Description:Full, Partially Finished

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1916

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Tax amount:$2,329 (2023)

Parking

  • Total parking spaces:3
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Lisa McKinney

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