Residential Income for Sale: 1221 S Avers, Chicago, IL 60623

10 beds
$550,000
$550,000
1221 S Avers, Chicago, IL 60623
10 beds
$550,000
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Price:
$550,000

Type Residential Income
Style Other
Beds 10
Lot Size 0.11 acres
Year Built 1923

City Chicago
County Cook
School District 299

MLS 12167647
Status Active
Discover this spacious, renovated 4-unit gem in the vibrant North Lawndale neighborhood. This building offers three large 3-bedroom, 1-bath units and a cozy 1-bedroom, 1-bath basement unit, perfect for generating additional rental income. The vacant second-floor unit provides a unique opportunity for buyers looking to live on-site while earning income from the other units or the option to rent it out for an extra 1,600 per month. This property boasts modern updates, including a new roof, three new water heaters, and three new furnaces-all installed in 2023. The upgraded plumbing and electrical systems ensure peace of mind in a well-maintained building. Conveniently located near public transportation, shopping, and dining, this property is just a 10-minute drive from downtown Chicago. Whether you're an investor or a homebuyer seeking income potential, this is an opportunity you won't want to miss. Schedule a viewing today and make this exceptional property yours!

Room Features

Basement Description Finished, Partially Finished, Exterior Access, Concrete (Basement), Storage Space

Lot & Building Features

Architecture Other
Heating Natural Gas
Parking Description Garage
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 5000 SQ FT ft

Community and Schools

Elementary School 299

Price History of 1221 Avers, Chicago, IL

Date Name Price Difference
12/31/1969 Listing Price $550,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By


Photo of Tom OConnor
Tom OConnor
Broker
Direct: 708-237-7790
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Coldwell Banker Realty, Monae Redmond
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20%
1%
6.75%
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1221 Avers (MLS #12167647) is a other residential income listing located in Chicago, IL. This residential income listing on a lot of 4,792 sqft (or 0.11 acres) with 10 bedrooms, 4 baths and is 100+ Years years old. This property was listed on 12/20/2024 and has been priced for sale at $550,000.

Nearby zip codes are 60608, 60612, 60624, 60632 and 60644. This property neighbors other cities such as Cicero.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Realty