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Seven-Unit Apartment Building
For Sale
Contact for pricing
Pending

1301 S Avers Ave, Chicago, IL 60623

Walk-up property with updated electrical and plumbing systems and individual furnaces serving a two- and three-bedroom unit mix.

Property Size5,550 SF
Days on Market374

Property Features for 1301 S Avers Ave

General Information

Standard status Pending
Size 5,550 SF
Class C
Property subtype Multifamily
Investment Type Value Add

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 3 x 3bd/1ba, 4 x 2bd/1ba
Multifamily Units 7

Building Details

Year Built 1922
Buildings 1
Units 7
Listing Agency: Kiser Group
Listed By: Noah Clark · License #IL
Source: Crexi
Added: Aug 22, 2025 Changed: Aug 29 Last Checked: Aug 29 at 2:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kiser Group

Investment Insights

Based on property information with market context.

Built in 1922, this seven-unit walk-up apartment building contains three 3-bedroom, 1-bath units and four 2-bedroom, 1-bath units across 5,550 square feet. Building improvements include individual furnaces and water heaters, a silver-coated roof, rewired electrical service with in-unit breaker boxes, and updated copper plumbing.

The property occupies the corner of 13th Street and S Avers Ave in Chicago’s North Lawndale area. Roosevelt Rd is one block away, while the Pulaski Blue Line station and I-290 Expressway are approximately a 10-minute walk from the building. The Blue Line and expressway provide access to downtown Chicago in roughly 10 minutes.

Key Highlights

  • Seven‑unit apartment building totaling 5,550 square feet
  • Unit mix includes three 3bd/1ba units and four 2bd/1ba units
  • 1922 construction with recent building‑system improvements

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

965
Businesses Nearby

Demographics for 60623, IL

87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Walk-up property with updated electrical and plumbing systems and individual furnaces serving a two- and three-bedroom unit mix.
Where is this apartment building located?
The property is located at 1301 S Avers Ave Chicago, IL.
What are key features of this property?
This property features: Seven‑unit apartment building totaling 5,550 square feet; Unit mix includes three 3bd/1ba units and four 2bd/1ba units; 1922 construction with recent building‑system improvements
(773) 293-5033 Call to check price and availability
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