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1856 S Avers Avenue
Chicago IL 60623 US

$800,000

Active Listing ID 12774264
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8 bed
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6.00 Bath (7 Full , 2 Half)
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Other

$800,000

Active Listing ID 12774264
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1856 S Avers Avenue 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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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 7
  • 1/2 Bathrooms: 2
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 800000
  • unparsedaddress: 1856 S Avers Avenue
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60623
  • bathroomsfull: 7
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.855446
  • longitude: -87.721463
  • listagentfullname: Ian Luscombe
  • listagentemail: ianl@crer.com
  • listagentkey: 3yd-MREDIL-1006640
  • listagentmlsid: 1006640
  • listagentpreferredphone: (773) 327-9300
  • listagentofficephone: 3124779181
  • listofficekey: 3yd-MREDIL-84644
  • listofficemlsid: 84644
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1916
  • listingcontractdate: 2026-10-01
  • listagenturl: http://www.crer.com
  • countyorparish: Cook
  • parcelnumber: 16233100390000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Brick
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Bathroom 7, Bedroom 6, Bedroom 5, Bathroom 8, Bathroom 9, Bedroom 8, Basement, Bedroom 7
  • basement: Full, Partially Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.721466, 41.855446
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Chicago Real Estate Resources", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ianl@crer.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@crer.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/4eb36b71a10311e0a3de00219b9aa4d8k-c2529727753r.png", "ListBrokerageName":"Chicago Real Estate Resources", "ListBrokeragePhone":"(773) 327-9300", "ListBrokeragePostalCode":"60613", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"932 W. Grace Street", "ListBrokerageWebsiteUrl":"http://www.crer.com", "ListOfficeAddress1":"800 W. Diversey Pkwy FL 3 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"84644", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"info@crer.com", "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1856-S-Avers-Ave_Chicago_IL_60623_M74142-12271?f=listhub&s=MREDIL&m=12774264&c=rexren", "MLSModificationTimestamp":"2026-10-01 16:24:05", "Neighborhoods":[{"Description":null, "Name":"CHI - North Lawndale"}], "PostalCode":null, "RoomCount":18, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2329, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/1/2026 4:29:00 PM GMT
Source Updated Date: 10/6/2026 1:03:35 PM GMT

Courtesy of: Ian Luscombe, Chicago Real Estate Resources, ianl@crer.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.