1509 N Avers Ave Chicago, IL 60651
Humboldt Park NeighborhoodEstimated payment $7,430/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,709
Year Built
- Built in 1920
Lot Details
- 6,076 Sq Ft Lot
- Lot Dimensions are 51 x 120
Interior Spaces
- 3-Story Property
Utilities
- Window Unit Cooling System
- Central Heating
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $541
- Fuel Expense $7,639
- Insurance Expense $4,500
- Maintenance Expense $2,100
- Manager Expense $6,100
- Other Expense $1,200
- Trash Expense $1,686
- Water Sewer Expense $3,600
- Operating Expense $45,075
- Gross Income $128,400
- Net Operating Income $76,905
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,793 | $73,000 | $9,114 | $63,886 |
| 2024 | $10,793 | $73,000 | $9,114 | $63,886 |
| 2023 | $10,490 | $51,000 | $7,291 | $43,709 |
| 2022 | $10,490 | $51,000 | $7,291 | $43,709 |
| 2021 | $10,255 | $50,999 | $7,291 | $43,708 |
| 2020 | $7,763 | $34,849 | $8,506 | $26,343 |
| 2019 | $8,142 | $40,523 | $8,506 | $32,017 |
| 2018 | $7,326 | $40,523 | $8,506 | $32,017 |
| 2017 | $4,335 | $23,514 | $7,595 | $15,919 |
| 2016 | $4,209 | $23,514 | $7,595 | $15,919 |
| 2015 | $3,828 | $23,514 | $7,595 | $15,919 |
| 2014 | $4,546 | $24,500 | $7,291 | $17,209 |
| 2013 | $5,001 | $30,125 | $7,291 | $22,834 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2026 06/03/26 | For Sale | $1,169,000 | +377.1% | -- | |
| 04/18/2013 04/18/13 | Sold | $245,000 | -30.0% | $28 / Sq Ft | View Prior Sale |
| 02/15/2013 02/15/13 | Pending | -- | -- | -- | |
| 11/15/2012 11/15/12 | For Sale | $350,000 | -- | $41 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12651355
APN: 16021030210000
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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. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 1410 N Avers Ave
- 1529 N Harding Ave
- 1510 N Harding Ave
- 1616 N Hamlin Ave
- 1328 N Avers Ave
- 1427 N Lawndale Ave
- 1400 N Lawndale Ave
- 3823 W Wabansia Ave
- 1346 N Lawndale Ave
- 3721 W Wabansia Ave
- 1700 N Harding Ave
- 1001 N Hamlin Ave
- 1304 N Lawndale Ave
- 1711 N Pulaski Rd
- 3646 W Wabansia Ave
- 1631 N Monticello Ave
- 4015 W Potomac Ave
- 1635 N Central Park Ave
- 3540 W Evergreen Ave
- 1645 N Central Park Ave
- 1451 N Hamlin Ave Unit G
- 1429 N Avers Ave Unit G
- 1523 N Harding Ave Unit 2F
- 3811 W Hirsch St Unit 1
- 1424 N Harding Ave Unit 2
- 1400 N Harding Ave Unit 2
- 1614 N Harding Ave Unit 3W
- 1351 N Lawndale Ave Unit SI ID1265099P
- 3734 W Wabansia Ave Unit 1F
- 1438 N Central Park Ave Unit 1438-2
- 3915 W Potomac Ave Unit 1
- 3651 W Wabansia Ave Unit G
- 4109 W Pierce Ave
- 1217 N Harding Ave Unit 2
- 1641 N Central Park Ave Unit 1R
- 3901 W Division St Unit U1150
- 1748 N Keystone Ave Unit Bsmt
- 1160 N Harding Ave Unit 2
- 1152 N Harding Ave Unit 3
- 4056 W Crystal St Unit 1
Ask me questions while you tour the home.