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$ 170,000
Est. payment /mo
Active
1841 S Avers AVE Chicago, IL 60623
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12501697
Bedrooms 8
Year Built 1903
Annual Tax Amount $2,050
Tax Year 2023
Lot Dimensions 25 x 116
Property Sub-Type Two to Four Units
Property Description
Located in highly sought after North Lawndale rarely do large, value add buildings such as this one come on the market and this is not one you will want to overlook! The building offers three true units, with a basement, each unit is very generous in size and offers unlimited cash flow potential. Two of the three units features three bedrooms while the main level unit offers two bedrooms. Each unit has a large living room and formal dining room, spacious kitchen in each of the units as well! The basement is unfinished with potential to be finished and add a fourth unit while building equity in the project! The building does need updates however at this price basis there is tons of upside for value add, renovate the units and rent them out, duplex the first floor into the basement for a large owners unit while the other two units are paying the mortgage. Any way you slice the pie this makes sense! Located in hotter than hot North Lawndale, close to Ogden Ave, 290 and much more, get inside today as this one will not be around for long!
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
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 REO/Lender Owned
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ryan Smith of RE/MAX Premier