Closed

$170,000

1841 Avers Avenue, Chicago, IL 60623
8 Beds3 Baths14 days
1841 Avers Avenue·Chicago, IL 60623
8Bedrooms
3Bathrooms
1903Year Built
About This Home

Located in highly sought after North Lawndale rarely do large, value add buildings such as this one come on the market and this is not one you will want to overlook! The building offers three true units, with a basement, each unit is very generous in size and offers unlimited cash flow potential. Two of the three units features three bedrooms while the main level unit offers two bedrooms. Each unit has a large living room and formal dining room, spacious kitchen in each of the units as well! The basement is unfinished with potential to be finished and add a fourth unit while building equity in the project! The building does need updates however at this price basis there is tons of upside for value add, renovate the units and rent them out, duplex the first floor into the basement for a large owners unit while the other two units are paying the mortgage. Any way you slice the pie this makes sense! Located in hotter than hot North Lawndale, close to Ogden Ave, 290 and much more, get inside today as this one will not be around for long!

MLS# 12501697Listed October 22, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms17

Size & Structure

Year Built1903
Lot Size25 x 116

Location

CountyCook
TownshipWest Chicago
Zip Code60623

Financial

List Price$170,000
Annual Taxes (2023)$2,050
Monthly Tax Est.$171
Parcel #16233110160000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Yes
Tax & Financial
Annual Taxes
$2,050
Tax Year 2023
Monthly Tax Est.
$171
per month
Property Location

1841 Avers Avenue, Chicago, IL 60623 — Cook County

$170,000
1841 Avers Avenue
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
14 days on market
25 x 116
$2,050/yr taxes
$1,064
estimated monthly payment
Principal & Interest
$893/mo
Property Tax
$171/mo
$170,000
20% — $34,000
3%50%
6.875%
3%12%
Loan Amount
$136,000
Down Payment
$34,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX Premier
Agent: Ryan Smith
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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