3407 N Avers Avenue Chicago, IL $ 562,000
3407 N Avers Avenue
$ 562,000
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3407 N Avers Avenue

Chicago, IL, 60618
$ 562,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 3,460

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Multi-Family Home for sale in Chicago, IL

for $562,000 with 5 bedrooms and 2 full baths. This home was built in 1922.

Premier Avondale multi-family building for sale in a prime location between the Addison and Belmont stations. This well-maintained 2-flat sits on one of the neighborhood's best blocks and offers endless possibilities including investment or owner-occupied use. Improvements include NEW Boiler and newer Washer/Dryer available for free use to the tenants. The newer Electrical and newer Plumbing has been updated within the fully remodeled top floor unit. The second (2nd) floor unit just underwent MAJOR renovations less than 5 years ago with EVERYTHING NEW! The unit has three (3) bedrooms and one (1) bathroom with exceptional updates currently leasing for $2000 which includes an additional sunroom or den. The spacious first (1st) floor unit features two (2) bedrooms, one (1) full bath, a large living room, separate formal dining room, built-in closets and an enclosed back porch, but could use updating currently renting below market for $1100, lease is M-T-M. The unfinished basement offers laundry and storage to the owner/tenant including the buildings newer mechanicals. Perhaps ideal for future expansion or duplex-down potential. The exterior includes a 2-car detached garage, and a maintained landscaped grassed backyard on a standard 25x125 Chicago lot. Total building current under market rents sit at $3,100/month, excluding garage parking, currently used by the owner. Conveniently located near Parkview Playlot Park, Belmont Ave restaurants, shopping, 90/94, Metra, CTA lines, and all that Irving Park, Avondale and Logan Square have to offer. An incredible opportunity for you to become Avondale's next multi-family building owner.

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Multi-Family Active

Price

$ 562,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,083

Style

Year Built

1922

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12530355

Features
General
Sewer Public Sewer
Heating Steam Radiant
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Vinyl Siding
Year Built 1922
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Gross Income 37200
Community Features Park
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status Active
Directions Addison W to Springfield S to Roscoe E to Avers North to 3407
High School Schurz High School
City Chicago
High School District 299
MLS Area CHI - Avondale
Elementary School Reilly Elementary School
Tax Annual Amount 10083.01
Middle/Junior High School Reilly Elementary School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 25X125
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker

Broker

kyle.capone@cbrealty.com;thecaponegroup@gmail.com

Email

Affordability Calculator

$4,301
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,460
Monthly Property Taxes
$840
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4935935 Elementary School
4935935 Middle School
Schurz High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$562,000 Listed Price

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3407 N Avers Avenue, Chicago, IL, 60618 is a Multi-Family Home for sale at $562,000. 3407 N Avers Avenue has 5 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 60618 which is in Chicago, IL