3031 S Central Park Avenue, Chicago, IL
  • $479,900
  • $489,900

Description

Well-maintained 4-unit building located in the heart of Little Village. All units are in great condition with a desirable unit mix consisting of three 2-bedroom / 1-bath units and one 3-bedroom / 1-bath unit. The property features separate utilities throughout, including four individual HVAC heating units, four water heaters, and four electrical panels, providing efficient management and reduced owner expenses. Tenants pay all utilities except water, which is the only utility paid by the owner. Three units are currently rented to long-term tenants, offering stable income, while one unit is vacant, creating an excellent opportunity for investors or owner-occupants looking to house hack by living in one unit while collecting rental income from the others. Additional highlights include a 2-car garage and a solid, low-maintenance setup in a strong rental market. Ideal for buyers seeking a cash-flowing multifamily property with upside potential.

  • Listing Courtesy of: Pearson Realty Group

Details

Updated on June 19, 2026 at 10:54 pm
  • Property ID MRD12570601
  • Price $479,900
  • Bedrooms 9
  • Garages 2
  • Year Built 1908
  • Property Type Multi Family
  • Property Status Active Under Contract
  • Parking Total 2
  • Parcel Number 16264240130000
  • Water Source Lake Michigan
  • Sewer Public Sewer
  • MLS Status Contingent
  • Days On Market 109
  • Cumulative Days On Market 117
  • Tax Annual Amount 4561.76
  • Heating Natural Gas
  • Parking Features Garage Door Opener,Yes,Garage Owned,Detached,Garage
  • Directions 31st to Central Park, then go North to the property
  • Address 3031 S Central Park Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60623
  • Country United States

Overview

Property ID: MRD12570601
  • Multi Family
  • Property Type
  • 9
  • Bedrooms
  • 2
  • Garages
  • 1908
  • Year Built

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