Movoto Real Estate
Sold on 11/04/2025
Ryan Smith of RE/MAX Premier
  • Exterior
  • Living
  • Bedroom
  • Bath

1841 S Avers Ave, Chicago, IL 60623

$164,000

Last sold 11/04/2025 after 13 Days

  • 8

    bed

  • 3

    bath

Multi-family not for sale

About 1841 S Avers Ave

Property type Multi-family
Neighborhood
Year built 1903
HOA fee $0/month
Property description
Located in highly sought after North Lawndale rarely do large, value add buildings such as this one come on the market and this is not one you will want to overlook! The building offers three true units, with a basement, each unit is very generous in size and offers unlimited cash flow potential. Two of the three units features three bedrooms while the main level unit offers two bedrooms. Each unit has a large living room and formal dining room, spacious kitchen in each of the units as well! The basement is unfinished with potential to be finished and add a fourth unit while building equity in the project! The building does need updates however at this price basis there is tons of upside for value add, renovate the units and rent them out, duplex the first floor into the basement for a large owners unit while the other two units are paying the mortgage. Any way you slice the pie this makes sense! Located in hotter than hot North Lawndale, close to Ogden Ave, 290 and much more, get inside today as this one will not be around for long!
Listed by
Listing Agent - Ryan Smith
Listing Office - RE/MAX Premier
Source: MRED mls logo
MLS#12501697 • last updated 6 months ago
Movoto checked MRED for data 42 minutes ago
Overview
Heating Natural Gas
MLS # 12501697
Virtual Tour N/A
SubType 3 Flat
Status Closed
Type Two To Four Units
Property Tax $ 2050
Year Built 1903
Interior
Total # of Rooms 17
Exterior
Construction Brick
Parking Desc Yes
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 3
Location
Area CHI - North Lawndale
County Cook
Elementary School District 299
Middle School District 299
High School District 299
APN 16233110160000
We are not permitted to show value estimates for this property.
  • Feb 2026
    Public Records
  • Feb 26, 2026 Sold
    $164,000
  • Feb 2026
    mls logo MLS # 12501697
  • Feb 24, 2026 Sold
    $164,000 (-3.5%)
  • Nov 4, 2025 Pending
  • Oct 22, 2025 Listed
    $170,000
  • Year Property taxes Tax assessment
  • 2023
    $2,050 +3.7%
    $12,999
  • 2022
    $1,977 +1.3%
    $12,999
  • 2021
    $1,951 -19.1%
    $12,999 -6.41%
  • 2020
    $2,411 -4.6%
    $13,890 -13.0%
  • 2019
    $2,527 +1.8%
    $15,966
  • 2018
    $2,483 -29.4%
    $15,966 -18.79%
  • 2017
    $3,518 +21.2%
    $19,660
  • 2016
    $2,903 +11.3%
    $19,660
  • 2015
    $2,608 +7.9%
    $19,660
  • 2014
    $2,416 -24.1%
  • 2013
    $3,184
  • 1841 S Avers Ave
    $164K
  • North Lawndale
    $282K +34% y/y
  • 60623
    $269K +34% y/y
  • Chicago
    $369K +5% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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