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 cabinetsand 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.
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Property Details
Property Type
Multifamily
Year Built
1923
Year Renovated
Current Cap-Rate
Pro Forma Cap-Rate




