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Property Description

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.

Features & Information

Key Details

List Price $1,169,000
Property Taxes $14,709
Price/ Sq. Ft. Unavailable
Year Built 1920
Status Active

Building Information

Age of Building Older
Heating & Cooling Central Bldg Heat

Location

County Cook
Directions to Property Property Sits South Of North Ave

Property Taxes
Tax 14709
Parcel Identification Number 16021030210000

Listed by: Triton Realty Group LLC | Phone: 312.788.9379
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 6/9/2026 3:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Humboldt Park

Known for its rolling boulevards, historic greystones and sprawling green space, Humboldt Park is a westside neighborhood located minutes from the heart of downtown Chicago. Its namesake park—which is the site of several prominent Chicago buildings including the Humboldt Boat House—offers 207-acres of verdant parkland boasting beautifully manicured gardens and lagoons, all home to a variety of native flora and fauna. Humboldt Park is now a destination for Chicago residents and tourists alike offering world-class dining, shopping, and unique entertainment options throughout the neighborhood. Steeped in the rich cultural history of Chicago’s Puerto Rican heritage, the neighborhood hosts an annual festival and parade that draws visitors from across the country. Marked by two 60-foot Puerto Rican flags, Paseo Boricua is a flagship strip in the neighborhood offering glimpse into Humboldt Park’s vibrant roots.

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