REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 639,999
Est. payment /mo
Active Under Contract
1424 S Avers AVE Chicago, IL 60623
12 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12610398
Bedrooms 12
Annual Tax Amount $7,461
Tax Year 2024
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Fully renovated 4-unit brick building in North Lawndale offering strong in-place rental income. The property consists of three units with 3 bedrooms and 2 full bathrooms, plus a legal garden unit with 3 bedrooms and 1 bathroom. Each unit features separate forced air heating and central air conditioning, providing efficiency and tenant convenience. The building includes four furnaces and four A/C systems. Interiors have been updated, offering modern layouts and finishes. Rear porch presents an opportunity for future improvement. Additional features include a common laundry area (equipment not included), vinyl windows, and a well-maintained structure with ongoing roof maintenance. Units are occupied, with several operating on month-to-month arrangements, providing flexibility for future management. Solid investment opportunity with updated units, strong unit mix, and immediate income potential. Property sold As-Is.
Location
State IL
County Cook
Area Chi - North Lawndale
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Community Features Sidewalks, Street Lights, Street Paved
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jose Andres Torres of Realty of America, LLC
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION