1509 N Avers Avenue
Chicago, IL, 60651
$1,169,000
8 Beds
3 Baths
0 SqFt
0.13 Acres
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MLS #MRD12651355 image #0
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.

Property Details

Price:
$1,169,000
MLS #:
MRD12651355
Status:
Active
Beds:
8
Baths:
3
Type:
Commercial
Neighborhood:
chihumboldtpark
Listed Date:
Jun 3, 2026
Lot Size:
6,076 sqft / 0.13 acres (approx)
Year Built:
1920
Chi – Humboldt ParkChihumboldtpark

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Schools

Interior

Cooling
Window Unit(s)

Exterior

Stories
3

Financial

Maintenance Fee
$2,100
Net Operating Income
$76,905
Tax Year
2024
Taxes
$14,709

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Community

Market Summary

Current real estate data for Commercial in Chicago as of Jun 14, 2026
924
Commercial Listed
185
Avg DOM
$993,435
Avg List Price

Property Summary

    1509 N Avers Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60651. It is listed for $1,169,000

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