1617 S Central Park AVE, Chicago, IL 60623
1617 S Central Park AVE, Chicago, IL 60623
1617 S Central Park AVE, Chicago, IL 60623
1617 S Central Park AVE, Chicago, IL 60623
1617 S Central Park AVE, Chicago, IL 60623
1617 S Central Park AVE, Chicago, IL 60623
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$ 325,000
Est. payment | /mo

9 Beds

3 Baths


Save
$ 325,000
Est. payment | /mo
Save

9 Beds

3 Baths

Open House

Sat Nov 07, 11:00am - 1:00pm

Sun Nov 08, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12800290

Bedrooms 9

Year Built 1894

Annual Tax Amount $4,168

Tax Year 2025

Lot Dimensions 26 x 125

Property Sub-Type Two to Four Units

Property Description

Investor's Dream: Fully Updated Two-Flat with Income Potential in North Lawndale! This spacious brick two-flat in Chicago's vibrant North Lawndale neighborhood is a rare opportunity for investors seeking a turnkey rental property with excellent income potential. Currently generating rental income from both units, this property offers 9 bedrooms and 3 full bathrooms, providing ample living space for tenants or future expansion. Recent upgrades make this property stand out. Two brand-new furnaces were installed this year, with the system zoned for two (expandable to three) for optimal comfort and efficiency. The plumbing has also been fully updated, including a new hot water tank and main shut-off, while the second-floor unit has been completely remodeled with fresh finishes and modern updates. Major improvements include a 2024 roof replacement, a 2026 HVAC system upgrade, and a 2024 water heater replacement. While the basement still offers renovation potential, the rest of the property is move-in ready. Enjoy the convenience of a rear parking area for up to four vehicles, plus proximity to public transportation, shopping, dining, and major city routes. Don't miss your chance to own this well-maintained, income-producing gem in a sought-after location. Whether you're expanding your portfolio or securing a smart investment, this two-flat is a must-see! PROPERTY IS BEING SOLD AS-IS.

Location

State IL

County Cook

Area Chi - North Lawndale

Rooms

Basement Unfinished, Full

Interior

Heating Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Jessica Macey of  Real Broker LLC 

Nearby Locations

Steve Ure

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1617 S Central Park AVE