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$699,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 2 Car Garage
  • Updated 3 hours ago
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Jumbo brick 2-flat directly across from Eugene Field Park in North Park with two oversized 2-bed, 2-bath units plus a completely renovated 2-bed, 1-bath non-conforming garden apartment, giving an investor three living spaces under one roof and strong rental income from day one. Each upper unit has a bright living room, a formal dining room, and a separate den or office, the kind of space renters look for and stay for. The garden apartment is fully finished with its own full bath and flexible living space that works for extended family, guests, a home office, or added income. Enclosed back porches, a private backyard, and a detached 2-car garage round out a property that renters love coming home to. Big units, a park out the front door, and a solid brick build bring steady demand, all close to schools, dining, transit, and quick expressway access. Live in one unit while renting the others, or add a well-kept income building to your portfolio. Seller and broker make no representations as to the legality of the garden apartment.

Full Property Details for 5116 N Avers Ave

General

  • Price: $699,000
  • Taxes: $8,258 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12790888
  • Updated: 11/1/2026
  • Added to Site: 6 day(s) ago

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Upper - Full Baths: 5

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Equipment: Ceiling Fan(s)

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - Albany Park
  • County: Cook
  • Township: Jefferson
  • Driving Directions: FOSTER, EAST OF PULASKI, TO AVERS, SOUTH TO PROPERTY. ACROSS FROM EUGENE FIELD PARK

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Year Built: 1923
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 3720

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1923
  • Tax Amount: $8,258
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: Standard
  • Property ID: 13113010300000

Listed by Compass

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— 5116 N Avers Ave —

  • Compass

(773) 295-1751

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5116 N Avers Ave

School District:Chicago Public School District 299
NameGradesDistance
Volta Elementary School
4950 North Avers Avenue, Chicago, IL 60625
PK-80.2 mi
Roosevelt High School, Chicago, IL
3436 West Wilson Avenue, Chicago, IL 60625
9-120.8 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 5116 N Avers Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/26/2026
Listed
$699,000
42.65%
MLS
2/14/2025
Sold
$490,000
—
Public Record
Get Price Alerts and Save Property
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 for 5116 N Avers Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,258
—
$46,000
18%
2023
$8,258
3%
$39,000
—
2022
$8,050
2%
$39,000
—
2021
$7,868
25%
$39,000
39%
2020
$6,286
-4%
$28,121
-13%
2019
$6,516
14%
$32,324
—
2018
$5,725
-5%
$32,324
4%
2017
$5,996
4%
$31,137
—
2016
$5,755
10%
$31,137
—
2015
$5,243
22%
$31,137
22%
2014
$4,283
2%
$25,567
—
2013
$4,187
-7%
$25,567
-7%
2012
$4,486
—
$27,492
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5116 N Avers Avenue, Chicago, IL 60625 (MLS# 12790888) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 5116 N Avers Avenue is currently listed for $699,000 and was received on October 26, 2026. Want to learn more about 5116 N Avers Avenue? Do you have questions about finding other Multi-Family real estate for sale in Albany Park? You can browse all Albany Park real estate or contact a Coldwell Banker agent to request more information.

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