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Residential Income Multifamily Property
For Sale
$499,000

1450 S Avers Avenue, Chicago, IL 60623

MULTI_FAMILY - Chicago, IL

Days on Market10

Property Features for 1450 S Avers Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 7, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Basement, Bedroom 5, Bedroom 3, Bedroom 4
Parking 2
Parking features Garage, Open
Basement Full, Finished, Walk-Out Access
Elementary school district 299
Middle school district 299
High school district 299
Directions TAKE AVERS NORTH TO PROPERTY ADDRESS ONE WAY NORTH
Subdivision CHI - North Lawndale
Standard status Active
APN 16231160360000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6655

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1912
Building materials Brick
Listing Agency: Baird & Warner
Listed By: LaToya Moore · License #475188397
Added: Jul 24 Changed: Aug 1 Last Checked: Aug 2 at 11:06AM
MLS# 12714887

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income multifamily property is offered for sale at 1450 S Avers Avenue in Chicago, Illinois 60623. The listing is classified as a multifamily asset within the residential income category.

The property’s details available for this listing include the address and property type only; no unit count, size, condition, or specific layout information is provided in the source data.

For complete leasing and underwriting information, request the full offering package. Additional documents may be necessary to confirm building configuration, operational details, and any income or expense components.

Key Highlights

  • Brick construction with heating fueled by natural gas
  • Year built: 1912
  • 7 bedrooms and 3 bathrooms, plus a basement

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

953
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?
Multifamily property - Multifamily residential income property for sale at 1450 S Avers Avenue in Chicago, IL 60623.
Where is this multifamily property located?
The property is located at 1450 S Avers Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Brick construction with heating fueled by natural gas; Year built: 1912; 7 bedrooms and 3 bathrooms, plus a basement
More about this property
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