1048 N Central Park Avenue
Chicago, IL 60651

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $500,000
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About this home

2 flat that qualifies for conventional 5% down with no current thresholds rents are under market by estimated 20%. Voucher appears to be around $1800 ? Market appears to be $1600? Expert rehab over past 7 years by seasoned professional. Everything to make the new owners life simple w/ arm chair ownership. Top to Bottom -Roof to Sewer Lines all addressed and improved . Location has at least 10 new constructions happening now including 3 next door. 2 of units on a 45 rental cycle and basement vacant. It is zoned 2 flat with beautiful Garden that is currently vacant Notice how clean / organized / professional the utility room is- 1st class !

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1913
Parking Total 3
Exterior Building Type Brick
Foundation Concrete Perimeter
Parking Features Alley Access, Enclosed, Secured
Garage On-Site Yes
Parking Ownership N/A
Parking Space/s
Rehab Year 2000
Roof Type Rubber
MRD Virtual Tour None
Virtual Tour Date 03/08/2024 5:38 pm
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Humboldt Park
Zoning Type MULTI
Corporate Limits Chicago
Directions North of Augusta South of Grand
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 3
Full Baths in Building Count 3
Total Rooms 14
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 05/24
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 1
Square Feet 1239
unit 2
Beds Total 3
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 5/24
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 2
Square Feet 1239
unit 3
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 1/23
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number B
Square Feet 1239
Property / Lot Details
Lot Dimensions 124X32
Lot Size .25-.49 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Cash
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16023160250000
Special Assessments N
Taxes $9,652
Tax Exemptions None
Tax Year 2021
$500,000 Listing Price:
MLS # 11999647
Investment Profile Residential Income
Listing Market Time 39 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 3
Parking Space/s
List Date 03/08/2024
Year Built 1913
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