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$164,000
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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!
Full Property Details
Full Property Details for 1841 S Avers Ave
General
- Sold For: $164,000
- Taxes: $2,050 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12501697
- Added to Site: 137 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Total Spaces: 2
- Parking Features: Yes
Location
- Area: CHI - North Lawndale
- County: Cook
- Driving Directions: Pulaski to 19th st, east to Avers, North to house on the east side of the street
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1903
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 116
Financial Considerations
- Assessment Year: 1903
- Tax Amount: $2,050
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 16233110160000
Listed by RE/MAX Premier
Sold by Re/Max Premier
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Schools
Schools serving 1841 S Avers Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Penn Elementary School 1616 South Avers Avenue, Chicago, IL 60623 | PK-8 | 0.2 mi |
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623 | 9-11 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1841 S Avers Ave
Date
Details
Price
Change
Source
2/23/2026
Sold
$164,000
-3.53%
MLS
10/22/2025
Listed
$170,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1841 S Avers Avenue, Chicago, IL 60623 (MLS# 12501697) is a Multi-Family property that was sold at $164,000 on February 23, 2026. Want to learn more about 1841 S Avers Avenue? Do you have questions about finding other Multi-Family real estate for sale in North Lawndale? You can browse all North Lawndale real estate or contact a Coldwell Banker agent to request more information.

