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Fred Venturini

[email protected] +1(618) 322-9764

$ 550,000

Est. payment -/mo

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Active

1221 S Avers AVE Chicago, IL 60623

10 Beds

4 Baths

4,791 Sqft Lot

UPDATED:

01/10/2025 08:25 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12167647

Style Other

Bedrooms 10

Year Built 1923

Annual Tax Amount $2,683

Tax Year 2022

Lot Size 4,791 Sqft

Lot Dimensions 5000 SQ FT

Property Description

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!

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Full

Interior

Heating Natural Gas

Equipment Sump Pump, Water Heater-Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Community Features Curbs, Gated, Sidewalks, Street Lights, Street Paved

Roof Type Flat

Building

Lot Description Common Grounds, Sidewalks, Streetlights

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Monae Redmond • Coldwell Banker Realty

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

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