1645 N Central Park Avenue, Chicago, IL 60647
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
Listed by: santiago valdez, elizabeth pyle
Office: compass
MLS#:12615837
Source:MLSNI
Price summary
- Price:$499,000
About this home
+Multiple Offers Received, Best and Highest Wednesday, June 17th at 12 Noon+ Investor Goldmine! This is an ultra-rare value-add opportunity on a gigantic 177 ft lot backing right up to Simons Park and with immediate access to the 606 Trail. The building features highly desirable 3-bedroom, 2-bathroom layouts in both primary units, offering fantastic rent potential. The property is being sold with existing city code violations requiring the removal of the current basement unit and the reinforcement or rebuilding of the rear stairs. For a savvy buyer, this is the ultimate catalyst for forced appreciation through sweat equity. Situated perfectly within Chicago's ADU allowed area, the mandatory lower-level remediation provides a clean slate to pull permits and legally build out at least one, and potentially two, Additional Dwelling Units. Transform this into your cash flowing gem. Unbeatable, quickly appreciating location to coffee shops, grocery stores, minutes to Logan Square and with immediate access to the 606 trail and a beautiful park directly behind. Bring your contractor to capitalize on this incredible potential. Sold strictly as-is....
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Home facts
- Year built:1888
- Listing ID #:12615837
- Updated:July 10, 2026 at 09:47 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:27
- Basement Description:Full, Partially Finished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1888
- Architectural Style:American 4-Square
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,000
- Tax amount:$6,494 (2023)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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