Active · For Sale · Multifamily
1856 S Avers Ave, Chicago, IL 60623
1856 S Avers Ave, Chicago, IL 60623CRER

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1856 S Avers Ave, Chicago, IL 60623
The property
Executive summary
Turn-key three-unit masonry walk-up in South Lawndale, fully rehabbed with individual heat and A/C, in-unit finishes, stainless appliances, and quartz-style counters in every kitchen. The unit mix is (2) 3-bed/2-bath and (1) 2-bed/2-bath averaging roughly 1,217 SF, currently producing $6,700/month ($82,200 annually) with pro forma rents of $7,150/month ($85,800 annually). Three parking spots and a full-height, dry lower level with common-area laundry add income and amenity value. Value-add upside: the unfinished lower level offers potential to add a garden-level unit.
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