1856 S Avers Ave., Chicago, IL 60623

1856 S Avers Ave., Chicago, IL 60623
Photo 1 of 25
$800,000
Beds Baths Sq. Ft. Taxes Built
8 0 $2,329 1916
On the market: 2 days

Est. Monthly Payment:

$4,984($4,790 + $194 taxes*)

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APPROVED
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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.
Listing courtesy of Ian Luscombe, Chicago Real Estate Resources