Address
531 N Central Park Avenue, Chicago, IL
Price
$ 315,000
Property Attributes
  • MLS#12031262
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Humboldt Park
  • NeighborhoodHumboldt Park
  • Zip60624
  • Style
  • Year Built1890
  • Taxes$ 1250
  • Price$ 315,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.07 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Don't Miss out! Greystone 2-flat features two separate units and presents an excellent investment opportunity. Each unit features hardwood floors, a spacious living room and dedicated dining areas and enclosed rear porches, providing comfortable and inviting spaces for residents. The 1st floor unit is currently vacant and perfect for an owner occupant or new tenant with increasing rent potential. Featuring 2 Beds and 1 Bath with newly refinished hardwood floors and refreshed paint. The 2nd floor unit offers 3 Beds and 1 bath with a quality tenant who always pays on time. The basement is equipped with coin laundry and a convenient half bath and offers an abundance of storage space. Explore the potential to finish the basement for additional living space and income potential. One Water Heater and Furnace was changed in 2018. The Garage is currently rented out as well for additional income. Take advantage of the area's steady growth and development, securing a property with excellent income potential. Situated just a few blocks away from the Green Line Train, commuting to Downtown Chicago is a breeze. Nature lovers will delight in the property's close proximity to the Garfield Park Conservatory. Whether you're an investor seeking a lucrative opportunity or looking for a comfortable and spacious home, this property has it all. Schedule your showing today and discover the potential that awaits you in Garfield Park! Requires 48 hours to show. SERIOUS BUYERS ONLY. PREAPPROVAL or POF REQUIRED TO SHOW - NO EXCEPTIONS. Please do not disturb the tenant.

Elementary School Middle School High School
Laura Ward Elementary School Laura Ward Elementary School Jones College Prep High School
Price History
4/18/2024 Listed $315,000

General Features

Sewer Sewer-Storm
Heating Natural Gas,Forced Air
Possession Closing
Roof Flat
Exterior Features Porch Screened
Zoning MULTI
Garage Spaces 2
Year Built 1890
Township Jefferson
Tax Year 2022
Percent Ownership Fee Simple
Community Features Curbs,Sidewalks,Street Lights,Street Paved
County Cook
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Total Rooms 11
Status Contingent
Directions Ohio West to Central Park South to Building
High School Jones College Prep High School
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Waterfront Y/N No
Street Name Central Park
Elementary School Laura Ward Elementary School
Tax Annual Amount 1250.26
Middle/Junior High School Laura Ward Elementary School
Days on Market 43
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Avenue
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Basement Partially Finished
Full Baths Building 2
Total Number of Units 2

Exterior Features

Lot Features Fenced Yard
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 2975
Lot Size Acres 0.07
Other Equipment CO Detectors,Multiple Water Heaters
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60624

Price
AVG $280K
$320K
Taxes
AVG $3,691
$1,250
Visits
AVG 241
223
Data Provided by Inside Real Estate®
Year Built
AVG 1922
1890

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