This legal 2-flat is situated on an extra-wide lot and offers strong potential for value-add investors or owner-occupants. The building features 3 electrical meters, 2 gas meters, and an unfinished basement ready for future expansion or storage. Unit 1 is tenant-occupied, and offers 3 bedrooms and 1 bath, while Unit 2 is vacant, also with 3 bedrooms and 1 bath - a great setup to live in one unit and rent out the other. The property is being sold AS-IS, cash or renovation convention-style loans are preferred. Seller will not make any repairs and will not LIKELY pass FHA inspection or conventional loan. The tenant pays month to month, unit 1 pays 700 USD per month. Don't miss your chance to add sweat equity in a solid brick building with long-term income potential! Preferred closing date is June 10th- tenant will be out on June 7th.
Closed
$237,000
645 N Avers Ave, Chicago, IL 60624
6beds
--sqft
Multi Family
Built in 1895
-- sqft lot
$237,100 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 06:58am
Listing courtesy of:
Benyamin Lalez 773-466-7150,
Compass,
Mark Buckner,
Compass
Bought with:
Danica Matos
Smart Home Realty
Source: MRED as distributed by MLS GRID,MLS#: 12348007

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Owned
Details
- Parcel number: 16111130120000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: FHA 203K
- Ownership: Fee Simple
Services availability

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$237,100
2% more+ $4,742
With Zillow Showcase(estimated)
$241,842