1645 N Central Park Avenue
Chicago, IL, 60647
$499,000
6 Beds
4 Baths
0 SqFt
0 Acres
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$499,000
1645 N Central Park Avenue
Chicago, IL, 60647
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+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.

Property Details

Price:
$499,000
MLS #:
MRD12615837
Status:
Active Under Contract
Beds:
6
Baths:
4
Type:
Multi Family
Neighborhood:
chihumboldtpark
Listed Date:
Jun 30, 2026
Year Built:
1888
American 4-sq.Chi – Humboldt ParkChihumboldtpark

Schools

School District:
299

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
American 4-Sq.
Community Features
Other, Park
Construction Materials
Vinyl Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2023
Taxes
$6,494
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Jul 03, 2026
1,393
Multi Family Listed
79
Avg DOM
$521,449
Avg List Price

Community

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Property Summary

    1645 N Central Park Avenue Chicago IL is a Multi Family for sale in Chicago, IL, 60647. It is listed for $499,000 To schedule a showing of MLS#mrd12615837 at 1645 N Central Park Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
1645 N Central Park Avenue
Chicago, IL