3031 South Central Park, Chicago IL 60623
- Units 4
- Total Beds 9
- Total Baths 4
- Taxes $4,561.76
- Payment Estimate View Mortgage Calculator
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Property 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.
Features & Information
Key Details
- List Price $479,900
- Property Taxes $4,561.76
- Price/ Sq. Ft. Unavailable
- Year Built 1908
- Parking Type Garage
- Status Active
Rooms
- Total Rooms 14
- Basement F
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2
- # of Garage Spaces: Garage Door Opener(s)
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Vinyl Siding,Brick
- Heating & Cooling Gas
-
Units
- Unit 1 None
- Unit 2 Stove, Refrigerator
- Unit 3 Stove, Refrigerator
- Unit 4 Stove, Refrigerator
Location
- County Cook
- Township Lake
- Corporate Limits Chicago
- Directions to Property 31st To Central Park, Then Go North To The Property
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 4561.76
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 16264240130000
Utilities
- Sewer Sewer-Publ
Listed by: Pearson Realty Group | Phone: 773.325.2800
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/17/2026 7:32 AM. 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.
Explore Little Village
Little Village, or South Lawndale as it was formerly known, is an area ripe with culture. Today it is a predominantly Mexican-American neighborhood, but in years past it has been host to ethnic groups such as Italians, Czechs, Irish, Croatians and Slovenians. These days, Little Village is fast becoming a popular neighborhood for young families looking for quality housing at affordable prices. New condominiums and vintage flats are a big draw for first-time homebuyers, while detached homes and brick bungalows catch the eye of families and folks who like a little more space. The neighborhood's strong Hispanic heritage is apparent in the multitude of excellent Mexican restaurants, Spanish-named stores and specialty grocery items you can get here. And there is no doubt Little Village residents take pride in their roots when the Mexican Independence Day Parade comes through each year, serenaded by mariachi bands and a sea of spectators dressed in Mexico's colors – red, white and green.
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