5116 N Avers Avenue Chicago, IL $ 699,000
5116 N Avers Avenue
$ 699,000
Recently Listed
Open House 10/31 10am - 12pm
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5116 N Avers Avenue

Chicago, IL, 60625
$ 699,000
Bedrooms6 Baths5.0 Sq 2,414

Monthly Estimate*

$ 4,828

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Multi-Family Home for sale in Chicago, IL

for $699,000 with 6 bedrooms and 5 full baths. This 2,414 square foot home was built in 1923 on a lot size of 0.08.

Jumbo brick 2-flat directly across from Eugene Field Park in North Park with two oversized 2-bed, 2-bath units plus a completely renovated 2-bed, 1-bath non-conforming garden apartment, giving an investor three living spaces under one roof and strong rental income from day one. Each upper unit has a bright living room, a formal dining room, and a separate den or office, the kind of space renters look for and stay for. The garden apartment is fully finished with its own full bath and flexible living space that works for extended family, guests, a home office, or added income. Enclosed back porches, a private backyard, and a detached 2-car garage round out a property that renters love coming home to. Big units, a park out the front door, and a solid brick build bring steady demand, all close to schools, dining, transit, and quick expressway access. Live in one unit while renting the others, or add a well-kept income building to your portfolio. Seller and broker make no representations as to the legality of the garden apartment.

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Open House

10/31/2026 10:00 AM - 12:00 PM
5116 N Avers Avenue Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 699,000

Bedrooms

6

Full Bath

5

Property Type

Multi-Family

Taxes

$ 8,258

Style

Lot Size

0.08

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12790888

Features
General
Sewer Public Sewer
Heating Gas Forced Air
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1923
Township Jefferson
Tax Year 2023
Ownership Fee Simple
Gross Income 73500
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Shed(s)
Total Rooms 11
Status New
Directions FOSTER EAST OF PULASKI TO AVERS SOUTH TO PROPERTY. ACROSS FROM EUGENE FIELD PARK
City Chicago
High School District 299
MLS Area CHI - Albany Park
Tax Annual Amount 8258
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 6
Total Baths 5
Bedrooms Possible 6
Full Baths Building 5
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 Public
Total Parking 2
Lot Dimensions 3720
Lot Size Acres 0.08
Waterfront Y/N N
Other Equipment Ceiling Fan(s)
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* Excluded Features
List By
Compass

Broker

Dan@DanLovesHouses.com

Email

Affordability Calculator

$5,516
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,828
Monthly Property Taxes
$688
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$699,000 Listed Price

Map


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5116 N Avers Avenue, Chicago, IL, 60625 is a Multi-Family Home for sale at $699,000 with 2,414 sqft and a lot size of 0.08. 5116 N Avers Avenue has 6 bedrooms, 5.0 baths, and was built in 1923. The property's zip code is 60625 which is in Chicago, IL