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Rich Ayers

rich@ayersteam.com +1(630) 430-5927

$435,000

Est. payment - /mo

6 Beds

3 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12736217

Bedrooms 6

Year Built 1906

Annual Tax Amount $5,642

Tax Year 2024

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Solid brick duplex-down in Humboldt Park positioned for measurable value appreciation. Delivered vacant at closing with 3BD/2BA duplex-down and 2BD/1BA upper. Recent kitchen updates featuring new cabinets and appliances (2 years installed). Generous floor plans and strong structural bones create flexibility for cosmetic upgrades that will meaningfully enhance appeal and income potential. This is a straightforward value-add opportunity in a market with demonstrated momentum. Humboldt Park rents and property values continue to climb alongside active neighborhood investment and Chicago Avenue retail expansion. Transit access and proximity to parks strengthen tenant appeal and long-term appreciation trajectory. Whether positioned for immediate income or staged renovation for rental premium, the fundamentals are solid: strong structure, proven market demand, and clear upside capture in an expanding corridor. Perfect for seasoned portfolio builders seeking below-market entry with near-term equity gain, or discerning first-time investors ready to execute a disciplined value-add strategy. Close to transit and emerging commercial anchors. As-is sale. What matters is execution, and this asset delivers flexibility to do it your way.

Location

State IL

County Cook

Area Chi - Humboldt Park

Zoning MULTI

Rooms

Basement Finished, Partial

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Laura Ward Elementary School

High Schools Orr Community Academy High Schoo

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Tyrus Jenkins of Cadence Realty

NEARBY SCHOOLS & PROPERTIES

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Rich Ayers

+1(630) 430-5927

Team Lead | Realtor | License ID: 471.001732

Team Lead | Realtor License ID: 471.001732

845 N Avers AVE Chicago, IL 60651

Rich Ayers

Key Details

Location

Rooms

Interior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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845 N Avers AVE