Gary Williams
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Exceptional House Hack Opportunity in North Lawndale - 3 Unit Building | 11 Bedrooms | 5 Bathrooms Incredible opportunity to own a cash-flowing 3-unit property with 11 bedrooms and 5 bathrooms located at 1239 S Avers Ave in Chicago's rapidly developing North Lawndale neighborhood. This oversized multi-unit building offers the perfect setup for a house hacker looking to live in one unit while generating rental income from the others. Each unit offers generous living space, multiple bedrooms, and functional layouts ideal for maximizing rental income or accommodating larger households. Whether you're an investor seeking strong rental potential or an owner-occupant looking to reduce your mortgage with rental income, this property provides outstanding flexibility. Features include: * 3 legal units * 11 total bedrooms / 5 bathrooms * Spacious floor plans with abundant natural light * Strong rental income potential * Ideal for house hacking or long-term investment * Located near public transportation, schools, parks, and local amenities * Easy access to major expressways and downtown Chicago North Lawndale continues to see significant investment and redevelopment, making this an excellent opportunity to get into a growing neighborhood with long-term upside. Schedule your showing today and explore the possibilities this income-producing multi-unit property has to offer.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 11
Bathrooms: 5
County: Cook
Listed By:
Second City Real Estate
312-392-1650
MRED MLS
MLS ID: 12674148
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1239 S Avers Avenue, Chicago, IL 60623.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $570,000 | $570,000 | $570,000 |
| Down Payment | $114,000 | $19,950 | $142,500 |
| Monthly Mortgage Amount | $2,771 | $3,446 | $3,521 |
| Taxes | $793 | $793 | $793 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $251 | $0 |
| Monthly Estimated Total | $3,730 | $4,656 | $4,480 |
Gary Williams
REALTOR®
Cell: (309) 743-8040
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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