Brick 3-Unit Apartment
For Sale
$800,000
1856 S Avers Avenue, Chicago, IL 60623
Each residence has its own HVAC system, with shared laundry and on-site parking serving the property.
Property SizeContact for details
Days on Market26
Property Features for 1856 S Avers Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Residential Income
Site & Location
Neighborhood
South Lawndale
Units
Unit Mix
2 x 3BR/2BA, 1 x 2BR/2BA
Multifamily Units
3
Additional Details
Gross Income
$82,200
Taxes and HOA fees
Annual Taxes
$2,329
Amenities
common laundry
Building Details
Year Built
1916
Year Renovated
2022
Construction
brick
Listing Agency:
Chicago Real Estate Resources
Listed By:
Ian Luscombe · License #475167887
(773) 327-9300
Source:
Fishmangroup
Added: Oct 1
Changed: Oct 25
Last Checked: Oct 26 at 3:45AM
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 Chicago Real Estate Resources
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1916, this brick triplex received a full rehabilitation in 2022. Its three apartments comprise two 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom unit. Updated kitchens, stainless steel appliances, and contemporary interior finishes are featured throughout, and each unit has a separate HVAC system. Common laundry and three parking spaces are also part of the property.
The lower level may offer the option to create a garden apartment, subject to applicable requirements and approvals.
The lower level may offer the option to create a garden apartment, subject to applicable requirements and approvals.
Key Highlights
- Two 3‑bedroom, 2‑bathroom apartments and one 2‑bedroom, 2‑bathroom apartment
- Rehabilitated in 2022; originally built in 1916
- Brick construction with updated kitchens and stainless steel appliances
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,209
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has its own HVAC system, with shared laundry and on-site parking serving the property.
Where is this triplex located?
The property is located at 1856 S Avers Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bathroom apartments and one 2‑bedroom, 2‑bathroom apartment; Rehabilitated in 2022; originally built in 1916; Brick construction with updated kitchens and stainless steel appliances
