1841 S Avers Avenue Chicago, IL $ 170,000
1841 S Avers Avenue
$ 170,000
Foreclosure
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1841 S Avers Avenue

Chicago, IL, 60623
$ 170,000
Bedrooms8 Baths3.0

Monthly Estimate*

$ 1,061

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Multi-Family Home for sale in Chicago, IL

for $170,000 with 8 bedrooms and 3 full baths. This home was built in 1903.

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!

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Multi-Family Pending

Price

$ 170,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,050

Style

Year Built

1903

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12501697

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Construction Materials Brick
Year Built 1903
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 17
Status Pending
Directions Pulaski to 19th st east to Avers North to house on the east side of the street
City Chicago
High School District 299
MLS Area CHI - North Lawndale
Tax Annual Amount 2050
Standard Status Pending
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes
Water Source Public
Total Parking 2
Lot Dimensions 25 x 116
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Premier

Broker

Ryan@Smithreo.com

Email

Affordability Calculator

$1,231
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,061
Monthly Property Taxes
$171
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
10/22/2025$170,000 Listed Price

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1841 S Avers Avenue, Chicago, IL, 60623 is a Multi-Family Home for sale at $170,000. 1841 S Avers Avenue has 8 bedrooms, 3.0 baths, and was built in 1903. The property's zip code is 60623 which is in Chicago, IL