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David Palmer
Broker
REALTOR®, SRES, e-Pro
(815) 566-2437
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1509 N Avers Avenue , Chicago, IL 60651

$1,169,000
  • 1509 N Avers Avenue , Chicago, IL 60651 Main Photo

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New to the Market New
BEDS0 BATHS MLS#12651355
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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.

1509 N Avers Avenue | MLS# 12651355

This multi-family property located at 1509 N Avers Avenue , Chicago, IL 60651 is currently listed for sale with an asking price of $1,169,000. Search Chicago real estate on dpalmer.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.13 Acres
Stories: 3.0
Taxes: $14,709
Year Built: 1920

Feature Descriptions

HVAC: Central Bldg Heat
Lot Dimensions: 51 X 120
Parcel#: 16021030210000
Parking: 1-5 Spaces
Tenant Pays: Electricity
Units: 6

Listed By / Shown By

Listed By

Agency Name: Triton Realty Group LLC
Agency Phone: 312-788-9379

Shown By

Agent Name: David Palmer
Agent Phone: (815) 566-2437
Agency Title: Gambino Realtors

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Estimated Payment

$ 6,876.67 per month $5,309.96 Principal & Interest $1,225.75 Property Tax $340.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/05/2026. The listing information on this page last changed on 06/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 06/05/2026 12:01:44 AM EST) or MRED MLS (last updated Thu 06/04/2026 11:58:13 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 06/04/2026 10:15:34 PM EST) or Northern Illinois Commercial Association Realtors (last updated Thu 06/04/2026 2:10:15 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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