1239 S Avers Avenue, Chicago, IL 60623

$549,900.00
  • 1239 S Avers Avenue, Chicago, IL 60623 Main Photo

24 Photos

Active
BEDS11 BATHS5 full MLS#12769474
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 299

Property Description

Exceptional House-Hack Opportunity in North Lawndale 3-Unit Building | 11 Bedrooms | 5 Bathrooms Discover an outstanding opportunity to own a 3-unit multifamily property at 1239 S. Avers Ave in Chicago's North Lawndale neighborhood. Featuring 11 bedrooms and 5 bathrooms, this generously sized building offers a versatile setup for both owner-occupants and investors. Perfect for a house-hacking strategy, an owner-occupant can live in one unit while renting the remaining units to generate rental income and help offset monthly housing expenses. For investors, the property offers the potential to maximize rental income while building long-term equity. Each unit provides spacious living areas, multiple bedrooms, functional floor plans, and abundant natural light, creating comfortable spaces for tenants and larger households alike. Property Highlights 3 legal residential units 11 total bedrooms 5 total bathrooms Spacious and functional floor plans Abundant natural light Strong potential for rental income Excellent opportunity for owner-occupants and house hackers Attractive long-term investment potential Convenient access to public transportation Close to schools, parks, shopping, and neighborhood amenities Easy access to major expressways and downtown Chicago Located in North Lawndale, the property is situated in an area that has experienced ongoing investment and redevelopment. Its location, size, and three-unit configuration provide flexibility for a variety of ownership and investment strategies. Whether you're looking to reduce your housing expenses through rental income, expand your real-estate portfolio, or establish a long-term income-producing asset, this property offers an opportunity worth exploring. Schedule your private showing today and discover the possibilities this versatile multifamily property has to offer.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Heating: Forced Air
Home Style: Greystone
Roof Type: Flat
Taxes: $4,554
Year Built: 1913

Feature Descriptions

Exterior: Brick, Stone
Lot Dimensions: 25 X 125
Parcel#: 16231030130000
Parking: Off Street, Yes, Owned
Sewer: Public Sewer
Total Rooms: 23
Township: South Chicago
Water: Lake Michigan

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Baird & Warner, Inc.

Shown By

Agency Name: The Real Estate Group Inc
Agent Name: Traci Buttrum, Realtor/Broker Owner
Agent Phone: Primary: (309) 267-2359

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Estimated Payment

$ 2,727.27 per month $2,187.38 Principal & Interest $379.50 Property Tax $160.39 Homeowner's Insurance

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