531 N Central Park Avenue, Chicago IL 60624
$315,000

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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. 2 previous buyers financing failed. Property passed inspection and appraisal TWICE! SERIOUS BUYERS ONLY. PREAPPROVAL or POF REQUIRED TO SHOW - NO EXCEPTIONS. Please do not disturb the tenant.

Listed by Jennifer Rivera for Real Broker LLC | 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 $315,000
  • Property Taxes $1,250.26
  • Price/ Sq. Ft. Unavailable
  • Year Built 1890
  • Parking Type Garage
  • Buyer's Agent Commission 2%
  • Status Active

Rooms

  • Total Rooms 11
  • Basement F

Exterior Features

  • Parking

  • Parking Details Garage
  • # of Cars:  2
  • # of Garage Spaces:  Garage Door Opener(s)

Building Information

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

  • Unit 1 Stove, Refrigerator, Fireplace-Artificial, Hardwood Floors, Walk-In Closet
  • Unit 2 Stove, Refrigerator, Fireplace-Artificial

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property Ohio West To Central Park South To Building
  • Schools

  • Elementary School District 299
  • School Name Laura Ward Elementary Sch
  • Junior High District 299
  • School Name Laura Ward Elementary Sch
  • High School District: 299
  • School Name Jones College Prep High S
  • Property Taxes

  • Tax 1250.26
  • Tax Year 2022
  • Tax Exemptions Homeowner
  • Parcel Identification Number 16112160060000

Utilities

  • Sewer Sewer-Stor

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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