1856 S Avers Avenue
Chicago, IL, 60623
$800,000
8 Beds
6 Baths
0 SqFt
0 Acres
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$800,000
1856 S Avers Avenue
Chicago, IL, 60623
MLS #MRD12774264 image #0MLS #MRD12774264 image #1MLS #MRD12774264 image #2MLS #MRD12774264 image #3MLS #MRD12774264 image #4MLS #MRD12774264 image #5MLS #MRD12774264 image #6MLS #MRD12774264 image #7MLS #MRD12774264 image #8MLS #MRD12774264 image #9MLS #MRD12774264 image #10MLS #MRD12774264 image #11MLS #MRD12774264 image #12MLS #MRD12774264 image #13MLS #MRD12774264 image #14MLS #MRD12774264 image #15MLS #MRD12774264 image #16MLS #MRD12774264 image #17MLS #MRD12774264 image #18MLS #MRD12774264 image #19MLS #MRD12774264 image #20MLS #MRD12774264 image #21MLS #MRD12774264 image #22MLS #MRD12774264 image #23MLS #MRD12774264 image #24
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.

Property Details

Price:
$800,000
MLS #:
MRD12774264
Status:
Active
Beds:
8
Baths:
6
Type:
Multi Family
Neighborhood:
chinorthlawndale
Listed Date:
Oct 1, 2026
Year Built:
1916
Chi – North LawndaleChinorthlawndale

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Construction Materials
Brick
Parking Features
Yes
Parking Spots
3
Parking Total
3

Financial

Tax Year
2023
Taxes
$2,329
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 02, 2026
1,373
Multi Family Listed
78
Avg DOM
$528,477
Avg List Price

Community

Subdivisions in Chicago

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Property Summary

    1856 S Avers Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60623. It is listed for $800,000 To schedule a showing of MLS#mrd12774264 at 1856 S Avers Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1856 S Avers Avenue
Chicago, IL