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$1,169,000
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Property Description
Triton Realty is proud to present a rehabbed 6-unit multifamily building at 1507 N Avers in Humboldt Park. This center-entrance property offers an excellent investment opportunity in one of Chicago's high-demand rental markets. The building features five legal units plus one non-conforming sixth unit and has been completely updated throughout with modern finishes. Each unit boasts updated kitchens with stainless steel appliances, white shaker cabinets, and elegant quartz countertops, along with beautiful hardwood flooring and fully rehabbed bathrooms featuring classic subway tile. The spacious layouts include four 3-bedroom 1-bath units, one 4-bedroom 1-bath unit, and one 1-bedroom 1-bath unit. Additional updates included new electrical throughout with in unit panel, copper plumb ing and newer boiler. Additional tenant appeal comes from the private back decks off the rear of the units, while rear-lot parking provides convenient extra income potential. Centrally located with easy access to Humboldt Park and public transportation, this turnkey multifamily property is ideal for investors seeking strong cash flow and long-term value in this up-and-coming Chicago neighborhood.
Full Property Details
Full Property Details for 1509 N Avers Ave
General
- Price: $1,169,000
- HOA FEE: $2,100
- Taxes: $14,709 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12651355
- Updated: 6/9/2026
- Added to Site: 7 day(s) ago
Location
- Area: CHI - Humboldt Park
- County: Cook
- Township: West Chicago
- Driving Directions: Property sits south of North Ave
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Building Heat
Utilities
- Trash: 1686
Structural Information
- Stories/Levels: 3
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 6,076
- Lot Dimensions: 51 x 120
Financial Considerations
- Maint. Fee: $2,100
- Insurance Fee: $4,500
- Operating Expenses: $45,075
- Other Fee: $1,200
- Assessment Year: 1920
- Tax Amount: $14,709
- Tax Year: 2024
- Tenant Pays: Electricity
- Pays Electric: 541
- Pays Trash: 1686
Disclosures and Reports
- Property ID: 16021030210000
Listed by Triton Realty Group LLC
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Schools
Schools serving 1509 N Avers Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Cameron Elementary School, Chicago, IL 1234 North Monticello Avenue, Chicago, IL 60651 | PK-8 | 0.4 mi |
Orr Academy High School 730 North Pulaski Road, Chicago, IL 60624 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1509 N Avers Ave
Date
Details
Price
Change
Source
6/03/2026
Listed
$1,169,000
171.86%
MLS
2/27/2018
Sold
$430,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1509 N Avers Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,793
—
$73,000
43%
2023
$10,793
3%
$50,999
—
2022
$10,490
2%
$50,999
—
2021
$10,255
32%
$50,999
46%
2020
$7,763
-5%
$34,849
-14%
2019
$8,142
11%
$40,523
—
2018
$7,326
69%
$40,523
72%
2017
$4,335
3%
$23,514
—
2016
$4,209
10%
$23,514
—
2015
$3,828
-16%
$23,514
-4%
2014
$4,546
-9%
$24,500
-19%
2013
$5,001
1%
$30,125
—
2012
$4,958
—
$30,125
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1509 N Avers Ave
1509 N Avers Avenue, Chicago, IL 60651 (MLS# 12651355) is a Commercial property. 1509 N Avers Avenue is currently listed for $1,169,000 and was received on June 03, 2026. Want to learn more about 1509 N Avers Avenue? Do you have questions about finding other Commercial real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.

