Essex Realty Group, Inc. has been exclusively engaged to market for sale 3452 N. Avers Ave. (‘the Property’), a 5-unit apartment building located in Chicago’s Avondale neighborhood.
3452 N. Avers Ave. is comprised of four (4) 2Bd/1Ba units, one (1) ground-level 2Bd/1Ba unit. The Property also features enclosed back porches and a private backyard with the potential to add parking. All apartments have been partially demolished, and the building is vacant and ready for renovation. There is raw ground-level space with 9′ ceilings that could either be combined with the first-floor unit above to create 3Bd/2Ba duplex or combined with the current ground floor unit for a larger simplex unit.
Additionally, a new investor can likely add baths to three of the four 2Bd/1Ba units creating modern 2Bd/2Ba layouts. Nearby renovated 2Bd/2Ba units are currently achieving an average of $1,950/month.
3452 N. Avers Ave. is situated on a tree-lined, residential street less than 0.35 miles west of the Addison CTA Blue Line Station and Kennedy Expressway, providing easy access to the City and Suburbs. The Property is also within close proximity to several
CTA bus stops.
- Gut renovation opportunity in desirable Avondale location
- All five apartments have been partially demolished, and the building is vacant and ready for renovation
- Conveniently located 0.35 miles west of the Addison CTA Blue Line Station & the Kenney Expressway
- Unit Mix: (4) 2Bd/1Ba units and (1) 2Bd/1Ba ground-level unit