2501 S Avers Avenue, Chicago, IL 60623 - Photo 1

1/1

$227,500

Sold
Closed
Commercial

1/1

Property Description

Opportunity knocks in the heart of North Lawndale. This versatile mixed-use building offers both commercial and residential possibilities. The front of the property features a spacious commercial storefront, ideal for a retail business, office, or service-based operation. In the rear, you will a well-maintained 3-bedroom apartment perfect for an owner-occupant or rental income. Property is being sold AS-IS, WHERE-IS. SELLER WILL MAKE NO REPAIRS, BUYER TO VERIFY ALL INFORMATION, BUYER IS RESPONSIBLE FOR ALL INSPECTIONS. Proof of Funds must accompany every offer. Taxes prorated. The building includes exterior fenced-in parking, providing security and convenience for tenants and customers alike.

Full Property Details

Full Property Details for 2501 S Avers Ave

General

Sold For: $227,500
Taxes: $4,430 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12464494
Added to Site: 132 day(s) ago

Location

Area: CHI - South Lawndale
County: Cook
Driving Directions: Cicero Avenue (IL-50) to 26th St. East on 26th St to Avers, right on Avers to property.
Location Details: Chicago South

Heating & Cooling

Cooling Type: None
Heating Type: Steam

Structural Information

Stories/Levels: 1
# of Stores: 1
Year Built: 1913
Built Before 1978: Yes

Lot Features

Lot Size (Sq. Ft.): 3,852
Lot Dimensions: 25 x 175
Zoning: OTHER

Financial Considerations

Assessment Year: 1913
Tax Amount: $4,430.56
Tax Year: 2023

Disclosures and Reports

Property ID: 16261210010000

Listed by Area Wide Realty
Sold by New Avenue Realty LLC

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Schools

Schools serving 2501 S Avers Ave

School District:Chicago Public School District 299

Name	Grades	Distance
Little Village Elementary School 2620 South Lawndale Avenue, Chicago, IL 60623	PK-8	0.3 mi
Farragut Career Academy High School 2345 South Christiana Avenue, Chicago, IL 60623	9-11	0.7 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 2501 S Avers Ave

Date

Details

Price

Change

Source

10/30/2025

Sold

$227,500

-3.15%

MLS

9/05/2025

Listed

$234,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
2
Total Baths
1,350
Sq. Ft.

2501 S Avers Avenue, Chicago, IL 60623 (MLS# 12464494) is a Commercial property that was sold at $227,500 on October 30, 2025. Want to learn more about 2501 S Avers Avenue? Do you have questions about finding other Commercial real estate for sale in South Lawndale? You can browse all South Lawndale real estate or contact a Coldwell Banker agent to request more information.

2501 S Avers Ave Chicago, IL 60623