1239 S Avers Avenue, Chicago IL 60623
$549,900

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Property Description

Exceptional House-Hack Opportunity in North Lawndale 3-Unit Building | 11 Bedrooms | 5 Bathrooms Discover an outstanding opportunity to own a 3-unit multifamily property at 1239 S. Avers Ave in Chicago's North Lawndale neighborhood. Featuring 11 bedrooms and 5 bathrooms, this generously sized building offers a versatile setup for both owner-occupants and investors. Perfect for a house-hacking strategy, an owner-occupant can live in one unit while renting the remaining units to generate rental income and help offset monthly housing expenses. For investors, the property offers the potential to maximize rental income while building long-term equity. Each unit provides spacious living areas, multiple bedrooms, functional floor plans, and abundant natural light, creating comfortable spaces for tenants and larger households alike. Property Highlights 3 legal residential units 11 total bedrooms 5 total bathrooms Spacious and functional floor plans Abundant natural light Strong potential for rental income Excellent opportunity for owner-occupants and house hackers Attractive long-term investment potential Convenient access to public transportation Close to schools, parks, shopping, and neighborhood amenities Easy access to major expressways and downtown Chicago Located in North Lawndale, the property is situated in an area that has experienced ongoing investment and redevelopment. Its location, size, and three-unit configuration provide flexibility for a variety of ownership and investment strategies. Whether you're looking to reduce your housing expenses through rental income, expand your real-estate portfolio, or establish a long-term income-producing asset, this property offers an opportunity worth exploring. Schedule your private showing today and discover the possibilities this versatile multifamily property has to offer.

Features & Information

Key Details

  • List Price $549,900
  • Property Taxes $4,554
  • Year Built 1913
  • Status Active
  • List Market Time 8

Units

  • Unit 1

  • Floor 1
  • Rooms 8
  • Beds 4
  • Baths 2
  • Appliances Stove, Refrigerator
  • Rent $1,800/mo
  • Tenant Pays Electric,Gas
  • Lease Expires MTM
  • Unit 2

  • Floor 2
  • Rooms 9
  • Beds 5
  • Baths 2
  • Appliances Stove, Refrigerator
  • Rent $2,138/mo
  • Tenant Pays Electric,Gas
  • Lease Expires MTM
  • Unit 3

  • Floor G
  • Rooms 6
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $1,425/mo
  • Tenant Pays Electric,Gas
  • Lease Expires MTM

Exterior Features

  • Parking

  • # of Cars:  2

Building Information

  • Number of Units 3
  • Age of Building 100+ Years

Location

  • County Cook
  • Township South Chicago
  • Corporate Limits Chicago
  • Directions to Property West On Roosevelt And South On Avers
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 4554
  • Tax Year 2024
  • Tax Exemptions None
  • Parcel Identification Number 16231030130000

Listed by Aaron Vanderbilt for Baird & Warner, Inc. | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/24/2026 6:32 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.

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