$550,000
1221 S Avers Avenue
Chicago, IL, 60623
Discover this spacious, renovated 4-unit gem in the vibrant North Lawndale neighborhood. This building offers three large 3-bedroom, 1-bath units and a cozy 1-bedroom, 1-bath basement unit, perfect for generating additional rental income. The vacant second-floor unit provides a unique opportunity for buyers looking to live on-site while earning income from the other units or the option to rent it out for an extra 1,600 per month. This property boasts modern updates, including a new roof, three new water heaters, and three new furnaces-all installed in 2023. The upgraded plumbing and electrical systems ensure peace of mind in a well-maintained building. Conveniently located near public transportation, shopping, and dining, this property is just a 10-minute drive from downtown Chicago. Whether you’re an investor or a homebuyer seeking income potential, this is an opportunity you won’t want to miss. Schedule a viewing today and make this exceptional property yours!
Property Details
Price:
$550,000
MLS #:
MRD12167647
Status:
Active
Beds:
10
Baths:
4
Address:
1221 S Avers Avenue
Type:
Multi Family
Neighborhood:
CHI – North Lawndale
City:
Chicago
Listed Date:
Dec 19, 2024
State:
IL
ZIP:
60623
Year Built:
1923
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Architectural Style
Other
Community Features
Curbs, Gated, Sidewalks, Street Lights, Street Paved
Other Structures
None
Parking Spots
2
Roof
Flat
Financial
Tax Year
2022
Taxes
$2,683
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
1221 S Avers Avenue
Chicago, IL
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