1239 S Avers - 3-Unit Multi-Family Investment Property

$475,000

1239 S Avers Ave, Chicago, IL 60623

For Sale

Multifamily Garden Low Rise

Active

Last Updated: 03/31/2025

Details:

Cap Rate: 9.27%

NOI: $44,042.20

Building Size: 4,245 sqft

Lot Area: 0.0716 acres

Class: C

Units: 3

Year Built: 1916

Floors: 3

Offered by

Gene Hart

Investment Sales & Leasing Broker

33 Realty

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Description:

33 Realty is pleased to present for sale 1239 S Avers, a 3-unit multi-family property located in the Homan Square neighborhood of Chicago. Composed of one 2-bed / 1-bath and two 5-bed / 2-bath apartments, the property features updated electric, plumbing, coin laundry, individual hot water tanks, new roof ~8 years ago, extensive masonry work, and central AC. The residents are responsible for gas (heat & hot water) and electric.

1239 S Avers