About This Home

This 6-bedroom, 5-bathroom residential multi family at 5116 N Avers Avenue in Chicago, IL is listed for $699,000. Built in 1923, on a 0.08 acres lot.

Key Features

  • Built in 1923
  • 0.08 acre lot
  • 2 parking spaces

Property Details

5 full
2-car garage
1923
Listing Description

Jumbo brick 2-flat directly across from Eugene Field Park in North Park with two oversized 2-bed, 2-bath units plus a completely renovated 2-bed, 1-bath non-conforming garden apartment, giving an investor three living spaces under one roof and strong rental income from day one.

Each upper unit has a bright living room, a formal dining room, and a separate den or office, the kind of space renters look for and stay for. The garden apartment is fully finished with its own full bath and flexible living space that works for extended family, guests, a home office, or added income.

Enclosed back porches, a private backyard, and a detached 2-car garage round out a property that renters love coming home to. Big units, a park out the front door, and a solid brick build bring steady demand, all close to schools, dining, transit, and quick expressway access. Live in one unit while renting the others, or add a well-kept income building to your portfolio. Seller and broker make no representations as to the legality of the garden apartment.

Monthly Cost Estimate

$3,738/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,029
Insurance$204

Estimates only. Actual payments may vary.

Location

5116 N Avers Avenue

Chicago, IL 60625

Property Details

Construction

Brick

Parking

Garage

Heating

Natural GasForced Air

Questions & Answers

This 6-bedroom, 5-bathroom residential multi family at 5116 N Avers Avenue is listed at $699,000. The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1923, 0.08 acre lot, 2 parking spaces.

This property is listed by Dan Nelson.

DN

Dan Nelson

Agent at Compass Real Estate

Listed by Compass Real Estate · Broker phone: 7734667150 · View on Broker Site · Broker website

MLS# 12790888· Source: Midwest Real Estate Data, LLC· 2 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5116 N Avers Avenue, Chicago, IL 60625

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