For Sale
Multi family home for sale at 1856 S Avers Ave, Chicago, IL 60623 | MLS# 12774264 | Listing updated on 2026-10-07
Photo 1 of Multi family home for sale at 1856 S Avers Ave, Chicago, IL 60623 | MLS# 12774264 | Listing updated on 2026-10-07
Photo 2 of Multi family home for sale at 1856 S Avers Ave, Chicago, IL 60623 | MLS# 12774264 | Listing updated on 2026-10-07
Photo 3 of Multi family home for sale at 1856 S Avers Ave, Chicago, IL 60623 | MLS# 12774264 | Listing updated on 2026-10-07
Photo 4 of Multi family home for sale at 1856 S Avers Ave, Chicago, IL 60623 | MLS# 12774264 | Listing updated on 2026-10-07
21+
Beds Icon

Street View

$800,000

Monthly Est:$3,982

  • Beds Icon8 Beds
  • Beds Icon
    9 Baths
  • Beds Icon--sqft

1856 S Avers Ave, Chicago, IL 60623

$3,982/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1916

  • $-- HOA

  • -- sqft lot

  • --/sqft

Description

Completely gut-rehabbed brick 3-flat featuring an oversized unit mix rarely found in today's market. Renovated in 2022, this turn-key investment consists of two spacious 3 bed/2 bath units and one 2 bed/2 bath unit, all featuring updated kitchens, stainless steel appliances, modern finishes, individual HVAC systems, and strong tenant appeal. The property generates approximately $82,200 in annual gross income with additional upside through rent growth and the potential to convert the lower level into a garden unit. Additional amenities include common laundry, three parking spaces, and low-maintenance mechanical systems. An ideal opportunity for investors seeking immediate cash flow, minimal capital expenditures, and long-term appreciation potential in the growing Lawndale market.

  • Houzeo last checked: 13 minutes ago
  • Listing updated: October 7, 2026 at 5:06 am
  • Listing Provided by: Ian Luscombe (312) 477-9181 | Chicago Real Estate Resources (773) 327-9300
  • Source: MRED MLS-IL | MLS#: 12774264 MRED MLS-IL

Part of

Building
1856 S Avers Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Cook County

  • City

    Chicago

  • Neighborhood

    North Lawndale

  • Year Built

    1916

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12774264

  • MLS Status

    Active

  • Days on Market

    7

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 9

Interior

  • Sewer

    Public Sewer

  • Heating

    Natural Gas, Forced Air

Construction

  • Year Built

    Year Built: 1916

  • Home type

    Multi Family

  • Construction Materials

    Brick

Utilities & Energy

  • Basement

    Partially Finished, Full

  • Water Source

    Public

  • Parking Features

    Yes

Price History

DateEventPrice

10/01/2026

Source: mls_logoMRED MLS-IL #MRD12774264

Listed for Sale

$800,000

$0/sqft

North Lawndale Ranks #63 in Chicago, IL

Homes for sale
94

Homes

Rental prices
$1,034

Rental Prices

Median Home Price
$460K

Median Home Price

North Lawndale, Chicago, IL neighborhood guide

Nearby Homes

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 09, 2026, 10:15AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 09, 2026, 10:15AM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

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