540 N Central Park Avenue, Chicago IL 60624

540 N Central Park Avenue, Chicago IL 60624
$175,000

Units 2
Total Beds 5
Total Baths 2
Taxes $2,954.14
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Property Description

***Final and Best due by 5pm on Wednesday, March 6th, 2024*** Brick two-flat with an unfinished basement and excellent ceiling height. Per the Chicago Zoning map, the lot is oversized(3,706 SqFt) and zoned RT-4. Unit 1 is a 2 bedroom, 1 bathroom. Unit 2 is a 2 bedroom, 1 bathroom. The building has 2 gas meters, 3 electric meters, 2 hot water heaters, and 2 furnaces. Perfect property for an investor who is looking to add some sweat equity. Live in one unit, rent out the other, or duplex down to expanding unit 1. The building is empty- no tenants. The property is being sold as-is, cash or renovation convention style loan is preferred. Seller will not make any repairs and will not pass FHA inspection or convention loan. Both furnaces are working and heat is on. 0.4-5 block walk to the Garfield Park Conservatory and Lake St El stop, a short drive to I290, West Loop, Fulton Market, MedicalDistrict, and downtown Chicago. The Photos are from a different building (546 N Central Park). 540 N Central Park has similar finishes and in similar condition as the photos of 546 N Central Park.

Listed by Mark Buckner for Compass | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

List Price $175,000
Property Taxes $2,954.14
Price/ Sq. Ft. Unavailable
Year Built 1903
Parking Type Space/s
Buyer's Agent Commission 2.5%
Status Pending

Rooms

Total Rooms 10
Basement F

Exterior Features

Parking
Parking Details Space/s
# of Cars:  2

Building Information

Number of Units 2
Age of Building 100+ Years
Exterior Construction Brick
Foundation Brick
Heating & Cooling Forced Air

Units
Unit 1 None
Unit 2 Refrigerator

Location

County Cook
Township Hyde Park
Corporate Limits Chicago
Directions to Property 3600 W On Lake St Then 2 Blocks North On Central Park

Schools
Elementary School District 299
Junior High District 299
High School District: 299

Property Taxes
Tax 2954.14
Tax Year 2022
Tax Exemptions Homeowner,Other
Parcel Identification Number 16111250160000

Utilities

Sewer Sewer-Publ

Explore Humboldt Park

Known for its rolling boulevards, historic greystones and sprawling green space, Humboldt Park is a westside neighborhood located minutes from the heart of downtown Chicago. Its namesake park—which is the site of several prominent Chicago buildings including the Humboldt Boat House—offers 207-acres of verdant parkland boasting beautifully manicured gardens and lagoons, all home to a variety of native flora and fauna. Humboldt Park is now a destination for Chicago residents and tourists alike offering world-class dining, shopping, and unique entertainment options throughout the neighborhood. Steeped in the rich cultural history of Chicago’s Puerto Rican heritage, the neighborhood hosts an annual festival and parade that draws visitors from across the country. Marked by two 60-foot Puerto Rican flags, Paseo Boricua is a flagship strip in the neighborhood offering glimpse into Humboldt Park’s vibrant roots.

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