Active

$800,000

1856 Avers Avenue, Chicago, IL 60623
8 Beds6 Baths7 days
1856 Avers Avenue·Chicago, IL 60623
8Bedrooms
6Bathrooms
1916Year Built
About This Home

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.

MLS# 12774264Listed October 1, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms6
Total Rooms18

Size & Structure

Year Built1916
Lot Size30 X 129.39

Location

CountyCook
TownshipSouth Chicago
Zip Code60623

Financial

List Price$800,000
Annual Taxes (2023)$2,329
Monthly Tax Est.$194
Parcel #16233100390000
Interior Features

Heating

Natural GasForced Air

Basement

Partially FinishedFull
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Yes
Tax & Financial
Annual Taxes
$2,329
Tax Year 2023
Monthly Tax Est.
$194
per month
Property Location

1856 Avers Avenue, Chicago, IL 60623 — Cook County

$800,000
1856 Avers Avenue
8 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
30 X 129.39
$2,329/yr taxes
$4,398
estimated monthly payment
Principal & Interest
$4,204/mo
Property Tax
$194/mo
$800,000
20% — $160,000
3%50%
6.875%
3%12%
Loan Amount
$640,000
Down Payment
$160,000

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

Listed by
Chicago Real Estate Resources
Agent: Ian Luscombe
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Chicago and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.