Avondale 2-Flats for Sale

Multifamily Homes & Investment Properties in Chicago

Avondale is a great option for buyers looking to purchase a 2-flat in Chicago without the higher prices and heavy traffic found in nearby trendy neighborhoods. Located just north of Logan Square, Avondale offers a quieter residential feel while still providing easy access to downtown Chicago, the Kennedy Expressway, and the CTA Blue Line.

Whether you are an owner-occupant or an investor, Avondale 2-flats offer excellent flexibility. Buyers can live in one unit while renting the other or purchase a property as a long-term income-producing investment. The neighborhood continues to attract strong rental demand, with average two-bedroom rents around $2,000, making 2-flats an appealing option for steady cash flow and long-term home value appreciation.

Avondale Multifamily Homes

In addition to 2-flats, Avondale also features a selection of 3-flats and 4-flats for sale, ideal for buyers seeking larger multifamily investment opportunities. Many of these properties offer value-add potential through renovations and rent increases, and units tend to rent quickly due to the neighborhood’s proximity to Logan Square, Lincoln Park, and major employment centers.

Avondale’s diverse culture, historic architecture, and convenient transportation continue to draw young professionals and families who want an affordable neighborhood with long-term upside.

Your Avondale 2-Flat & Multifamily Real Estate Expert

Avondale Realtor Jose Hernandez Jose Hernandez has over 20 years of experience helping buyers purchase 2-flats and multifamily properties across Chicago’s North and Northwest sides. Known for his local market knowledge and client-first approach, read what clients say in his reviews to see how Jose helps buyers confidently navigate the process. If you’re interested in buying a 2-flat in Avondale or exploring other multifamily opportunities, Jose can help you identify the right property and move forward with confidence.

Newest Listings

$725,000

4 Beds ⋅ 3 Baths ⋅ 12703740 MLS ⋅ PRICE CHANGE Status

**Multiple offers received. Highest and best offer due by 5pm on Sunday, Sept. 13th****Hot investment opportunity in Avondale! Beautifully maintained and spacious 2-flat offering a fantastic opportunity for investors or owner-occupants looking to generate rental income. Both units feature the same desirable floor plan with expansive living and dining rooms, large kitchens with walk-in pantries, two bedrooms and a full bath. Unit 1's bathroom has been recently updated with modern finishes. The finished basement adds even more potential featuring a large recreation room, two additional bedrooms, a full bath, and laundry area, making it ideal for an in-law arrangement. Recent updates: fresh paint 2026, new carpet on main level 2026, newer kitchens and baths, water heater 2025, furnace 2019, newer garage, hardwood floors under carpet. Outside, enjoy a spacious deck, veggie garden, and a newer extra tall 2.5-car garage. Whether you choose to rent both units or live in one and rent the other, this property offers excellent versatility. Ideally located just minutes from I-90/94, grocery stores, restaurants and CTA Blue line. Avondale was recently named one of the Coolest Neighborhoods!

3445 N Monticello Avenue, Chicago

$650,000

4 Beds ⋅ 2 Baths ⋅ 12720299 MLS ⋅ ACTIVE Status

An incredible opportunity to add a multi-unit in an outstanding location to your portfolio! This well maintained East Avondale blond brick building can be immediately rented or could also be updated to increase the rental rate. Basement has both an ingress and egress to potentially create a garden unit. Walking distance to the heart of East Avondale/the six corner at Belmont/Elston/California. Close to Logan Square and Roscoe Village. Close to the Metra Station at Clybourn and Ashland. Close to 90/94.Quiet stretch of Elston.

2959 N Elston Avenue, Chicago

$799,900

5 Beds ⋅ 2 Baths ⋅ 12717789 MLS ⋅ ACTIVE Status

Recently rehabbed fully rented two-flat in the heart of Avondale near Logan Square. Updated white kitchens, quartz countertops, stainless steel appliances, large washer/dryer in each unit. Canned lighting throughout kitchen, living and dining rooms All new fully rehabbed bathrooms, updated plumbing and electrical, HVAC upgrades including new ductwork and all 2020 AC units, newly refinished floors and new drywall throughout. Newer roof, 2020 tuckpointing, 2020 low-E and Argon gas windows throughout. Newer large back deck and steps.

2843 W Fletcher Street, Chicago

$1,500,000

6 Beds ⋅ 2 Baths ⋅ 12696771 MLS ⋅ ACTIVE Status

Rare opportunity to own a unique mixed-use property offering exceptional income and redevelopment potential. Located in a prime Avondale location just east of the California/Elston intersection...this 75' x 120' triple lot has 75 feet of frontage along Belmont Avenue and contains a fully renovated all-brick 2-flat , a large brick carriage house/garage, and a private parking lot...The brick 2-flat was completely renovated in 2019 and features two spacious 3-bedroom, 1-bath apartments with large living rooms, bay windows, separate dining rooms, modern kitchens with granite countertops and SS appliances, updated bathrooms with walk-in showers, engineered wood flooring, in-unit laundry, central heat and AC, and private outdoor decks. A shared ground-level patio provides additional outdoor space. The full unfinished basement offers approximately 7.5-foot ceilings and provides excellent storage or future expansion potential...The approx. 1,800 SF all-brick carriage house/garage features impressive 16.5-foot ceilings and offers various possibilities under M1 zoning, including workshop, studio, storage, light industrial, showroom, or other creative commercial uses (buyer to verify permitted uses)....The expansive side parking lot (approximately 50' x 90') provides abundant parking or future development opportunities. An outstanding opportunity for investors seeking stable rental income or owner-users looking for a flexible property with significant upside in one of Chicago's most desirable neighborhoods.

2732 W Belmont Avenue, Chicago

$865,000

2 Beds ⋅ 1 Baths ⋅ 12506439 MLS ⋅ ACTIVE Status

3222 N Drake Avenue, Chicago

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