Rehabbed 6-Unit Multifamily
For Sale
Contact for pricing
1509 N Avers Avenue, Chicago, IL 60651
Turnkey 6-unit multifamily with updated kitchens, rehabbed bathrooms, in-unit panel, and copper plumbing plus rear decks and parking.
Property SizeContact for details
Days on Market72
Property Features for 1509 N Avers Avenue
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$76,905
Additional Details
Multifamily Units
6
Amenities
private back decks
rear-lot parking
Building Details
Year Built
1920
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
Triton Realty Group LLC
Listed By:
Alexander Summers
Source:
Crexi
Added: Jun 3
Changed: Aug 10
Last Checked: Aug 11 at 8:15PM
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 Triton Realty Group LLC
Investment Insights
Based on property information with market context.
This rehabbed 6-unit multifamily property features a center-entrance layout with five legal units and one non-conforming sixth unit. Unit interiors have been updated throughout with modern kitchens including stainless steel appliances, white shaker cabinetry, and quartz countertops. Flooring consists of hardwood, and bathrooms are fully rehabbed with classic subway tile.
The building includes four 3-bedroom, 1-bath units, one 4-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Additional improvements include new electrical throughout with in-unit panels, copper plumbing, and a newer boiler. Tenants benefit from private back decks off the rear of the units, and there is rear-lot parking.
The property is centrally located with easy access to Humboldt Park and public transportation, supporting convenient day-to-day connectivity.
The building includes four 3-bedroom, 1-bath units, one 4-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit. Additional improvements include new electrical throughout with in-unit panels, copper plumbing, and a newer boiler. Tenants benefit from private back decks off the rear of the units, and there is rear-lot parking.
The property is centrally located with easy access to Humboldt Park and public transportation, supporting convenient day-to-day connectivity.
Key Highlights
- Rehabbed 6‑unit multifamily building (Year built 1920) at 1507 N Avers in Chicago’s Humboldt Park area
- Unit mix includes four 3 bed/1 bath units, one 4 bed/1 bath unit, and one 1 bed/1 bath unit; five legal units plus one non‑conforming sixth unit
- Updated kitchens in each unit with stainless steel appliances, white shaker cabinets, and quartz countertops
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,297
Businesses Nearby
Explore this area
Business Placement
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 6-unit multifamily with updated kitchens, rehabbed bathrooms, in-unit panel, and copper plumbing plus rear decks and parking.
Where is this apartment building located?
The property is located at 1509 N Avers Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,129,000.
What are key features of this property?
This property features: Rehabbed 6‑unit multifamily building (Year built 1920) at 1507 N Avers in Chicago’s Humboldt Park area; Unit mix includes four 3 bed/1 bath units, one 4 bed/1 bath unit, and one 1 bed/1 bath unit; five legal units plus one non‑conforming sixth unit; Updated kitchens in each unit with stainless steel appliances, white shaker cabinets, and quartz countertops
