1841 South Avers Avenue

Chicago IL 60623

Multi-Family

Last sold for $164,000

Ryan Smith, last sold this property on 23 February 2026 after 123 days on market.

Overview

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!

Features

8 bedrooms

3 bathrooms

2 carspaces

Multi-Family

Estimated Value

Based on this property and similar 8 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 1841 South Avers Avenue is $410k.

Median value

$410k

Estimated value range

$164k - $546k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1841 South Avers Avenue

2026

Sold

$164,000

23 Feb 2026 by Ryan Smith, of RE/MAX

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.