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About the Listing 84644 - 1006640
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.
Listing Highlights for 1856 S Avers Ave
Interior Details
- Bedrooms: 8
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Basement: Partially Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 30 X 129.39
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes
Financial Details
- Tax Amount: $2,329
- Taxes w/Assessments: N/A
- Tax/Property ID: 16233100390000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1856 S Avers Ave Chicago, IL 60623
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