23
Map
$500,000
●
House -
For Sale
2307 N Avers Avenue #2
Chicago, IL 60647
3 Beds
2 Baths
1,208 Ft²
$2,641
Est. Monthly
$185
HOA / Fees
5.54%
Cap Rate
About This Property
Don't miss this stunning, gut rehabbed 3 bed, 2 bath condo in Logan
Square. The master suite includes double French doors opening to
the rear deck, a barn door for the bath and closet, a custom closet
system, and a luxurious bath with custom tile work, a shower system
with body sprayers, a floating double vanity, and heated floors.
The custom Euro kitchen features quartz countertops, backsplash,
and waterfalls, a pantry cabinet, and under-cabinet lighting. Enjoy
the wood-clad electric fireplace and a wired speaker system
throughout. The unit features all-new mechanicals, including
plumbing, electric, and HVAC. New flat roof, windows, exterior
doors, and metal back stairs and deck. The building has been
tuckpointed and repainted, with new gutters and privacy fencing.
The oversized 2.5-car garage offers ample storage, and new sod will
be added in spring. Great location close to CTA, Metra, Parks, 606
Trail, expressways, shopping, restaurants and nightlife. Special
financing available, NO PMI with 3% down payment $7,500 Lender
Closing Cost Credit , buy this home with just $16k
Unit Size
1,208 Ft²
Days on Market
-
Land Size
-
Price per sqft
$414
Property Type
House
Property Taxes
-
HOA Dues
$185
Year Built
1913
Listed By
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (MRED MLS #MRD12360203)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 8, 2025 | Listed by Keller Williams ONEChicago | $500,000 | |
| Listed by Keller Williams ONEChicago | |||
| Apr 17, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 17, 2025 | Listed by Keller Williams ONEChicago | $525,000 | |
| Listed by Keller Williams ONEChicago | |||
   | |||
|
Don't miss this stunning, gut rehabbed 3 bed, 2 bath condo in Logan
Square. The master suite includes double French doors opening to
the rear deck, a barn door for the bath and closet, a custom closet
system, and a luxurious bath with custom tile work, a shower system
with body sprayers, a floating double vanity, and heated floors.
The custom Euro kitchen features quartz countertops, backsplash,
and waterfalls, a pantry cabinet, and under-cabinet lighting. Enjoy
the wood-clad electric…
| |||
| Apr 1, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Parking Features: Garage Door Opener, On Site, Detached, Garage, Garage Owned
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Walk-In Closet(s), Open Floorplan
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
Flooring Type: Hardwood
Laundry Features: Washer Hookup, Gas Dryer Hookup, In Unit
Rooms: 6
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 1208
Square Footage Source: $0
Construction Materials: Brick
Lot Size Dimensions: CONDO
Water Source: Lake Michigan
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air, Radiant Floor
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Grounds, Parking, Scavenger
HOA Fee: $185
HOA Fee Frequency: Monthly
2307 N Avers Avenue #2, Chicago, IL, 60647
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
3
Beds
2
Baths
1,830 ft²
$246/ft²
$450,000
Jul 6, 2023
$450,000
Aug 23, 2023
-
House
3
Beds
3
Baths
2,340 ft²
$201/ft²
$470,000
Apr 7, 2017
$470,000
May 25, 2017
$344/mo
House
3
Beds
3
Baths
-
$605,000
Oct 7, 2021
$605,000
Nov 23, 2021
$525/mo
House
3
Beds
2
Baths
-
$460,000
Sep 20, 2021
$460,000
Oct 27, 2021
$383/mo
Multifamily
4
Beds
5
Baths
-
$500,000
Apr 8, 2023
$500,000
Jun 2, 2023
$785/mo
Multifamily
4
Beds
3
Baths
-
$570,000
Jan 9, 2025
$570,000
Mar 5, 2025
$887/mo
In Contract
House
3
Beds
1
Bath
1,360 ft²
$364/ft²
$495,000
Apr 15, 2025
-
$592/mo
House
2
Beds
2
Baths
1,100 ft²
$386/ft²
$425,000
May 5, 2025
-
$678/mo
In Contract
House
3
Beds
2
Baths
1,900 ft²
$315/ft²
$598,000
Apr 15, 2025
-
$1,088/mo
In Contract
House
2
Beds
2
Baths
1,500 ft²
$283/ft²
$425,000
Apr 10, 2025
-
$822/mo
In Contract
House
4
Beds
3
Baths
1,300 ft²
$346/ft²
$450,000
May 4, 2025
-
$736/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/21/2025
|
3 Bed
|
2 Bath
|
1208 ft²
|
$600,000
3 Bed
2 Bath
1208 ft²
|
-
-
|
-
|
Michael Saladino
Keller Williams ONEChicago
| |
|
02/21/2025
|
4 Bed
|
4 Bath
|
2416 ft²
|
$800,000
4 Bed
4 Bath
2416 ft²
|
-
-
|
-
|
Michael Saladino
Keller Williams ONEChicago
| |
|
03/04/2025
| |
7 Bed
|
6 Bath
|
-
|
$1,350,000
7 Bed
6 Bath
|
-
-
|
-
|
Michael Saladino
Keller Williams ONEChicago
|
|
08/23/2023
| |
6 Bed
|
2 Bath
|
-
|
$300,000
6 Bed
2 Bath
|
$300,000
11/15/2023
|
-
|
Bruno Styrczula
First Midwest Realty LLC
|
Building Info
2307 North Avers Avenue
2307 North Avers Avenue, Chicago, IL 60647
- 1 Unit for Sale
About Northwest Side
Similar Homes for Sale
Nearby Rentals
Listed by: Michael Saladino, Keller Williams ONEChicago
Last Updated: 3 days ago
Data Source: MRED, MLS# MRD12360203
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 days ago
Data Source: MRED, MLS# MRD12360203
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
